Coca-Cola Amatil Net Profit Drops 12.3%

Coca-Cola Amatil CCLAY reported a 12.3% drop in its net profit for the six months through June. Coca-Cola Amatil's net profit for the period declined to 215.9 million Australian dollars (US$197.1 million). On an underlying basis, its earnings dropped 6.9% to A$373.9 million. Coca-Cola Amatil shares closed at $23.27 yesterday.