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Increase in sugar prices likely to force up retail cost of soft drinks.
Byline: Pitsinee Jitpleecheep
Jan. 6--Soft drink manufacturers may have no choice but to raise retail prices if the government floats the price of sugar, the industry's main raw material.
A soft drink executive said prices had been steady for seven years despite rising costs for raw materials, including plastic pellets, and rising oil prices, which have affected packaging and transport costs.
The country's two main producers -- Serm Suk Plc, the bottler of Pepsi, Mirinda and 7-Up, and Thai Pure Drink Co, the bottler of Coke, Fanta and Sprite -- have been asking the Commerce Ministry for price increases since 2004 but the requests have been ...
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- Bangkok Post, Thailand, Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News March 25, 2003 700+ words
...deadline to the end of 2005. SERM SUK CHIEF JOINS PEPSI HALL OF FAME: Serm Suk Plc CEO Somchai Bulsook has...Pepsi-Cola International. Serm Suk is the only bottler in the...AMP. To see more of the Bangkok Post, or to subscribe to the...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 25, 2006 700+ words
...Thailand, American International Group, Serm Suk Plc, Bristol Myers Squibb, JP Morgan...5 billion yen. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2006, Bangkok Post, Thailand Distributed by McClatchy...
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Bangkok Post, Thailand Knight Ridder...register closed Oct 24. SERM SUK said no warrant holders...October. To see more of the Bangkok Post, or to subscribe to the...bangkokpost.com (c) 2001, Bangkok Post, Thailand. Distributed...
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...bt/share) the year before. 6M profit was 33.72m bt (0.08 bt/share), vs 14.33m bt (0.03 bt/share). -- Serm Suk reported a consolidated Q2 net profit of 113.5m bt (0.43 bt/share) for 2007, vs 175.13m bt (0.66 bt/share...