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[Understand in 1 minute] Coca-Cola financial results summary [+33% increase in 5 years]
Coca-Cola's financial results were higher than expected in terms of both sales and net profit!
Profit increased by +33% compared to the previous year, making a big leap forward.
![[Understand in 1 minute] Coca-Cola financial results summary [+33% increase in 5 years]](https://sgsnsimg.moomoo.com/181533246/editor_image/875d9c042c633523bb62a4efbabb448f.png/bigmoo)
That said, Coca-Cola sales volume has remained flat since last year.
“It sold more than usual!” I'm not saying that.
So what was good about it was that the selling price was raised.
It simply means that the price has been raised.
![[Understand in 1 minute] Coca-Cola financial results summary [+33% increase in 5 years]](https://sgsnsimg.moomoo.com/181533246/editor_image/1bd2bda041eb3936b212ac2af2a17835.png/bigmoo)
Demand remained strong even when prices were raised, and profit increased significantly.
Following favorable results, Coca-Cola revised its future sales forecast upward.
In 2023, sales are expected to increase by 8 to 9% compared to last year.
![[Understand in 1 minute] Coca-Cola financial results summary [+33% increase in 5 years]](https://sgsnsimg.moomoo.com/181533246/editor_image/e7283f292ea83661a6ee4fc2b1a5442e.png/bigmoo)
Coca-Cola's stock price has increased 33% over the past 5 years.
It's a high-dividend stock that Buffett also bought. I'm looking forward to the future as well.
![[Understand in 1 minute] Coca-Cola financial results summary [+33% increase in 5 years]](https://sgsnsimg.moomoo.com/181533246/editor_image/0c5e003e4acd30448a713699dc3f4378.png/bigmoo)
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