What is Coke Stock?

What is Coke Stock?

The Coca-Cola Company (Coca-Cola) is listed on the international stock market under the ticker name KO, which we can invest indirectly through HTC shares (Haadthip Public Company Limited), which has the right to produce and distribute branded beverages. KO in Southern Thailand in other sectors It will be manufactured and sold by Thai Nam Thip Co., Ltd.

HTC's stock price has risen very high. From the successful cost reduction in 2016 by turning to produce PET bottles on our own. As a result, the cost of packaging can be reduced considerably, and in 2017, the cost of sales and administration has also decreased due to HTC giving less trade discounts to buyers.

That's not all, HTC has also been positively affected by the sugar price adjustment by the government. Analysts from securities firms have analyzed that for every 1 baht that the price of sugar in Thailand decreases, HTC's profit will reach 60 million baht and sugar is also the cost of 35% of the total cost.

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