IN BRIEF (Page 17)
China Daily | Updated: 2009-10-09 08:16
Pepsi profit climbs
Soft drinks and snack maker PepsiCo Inc said yesterday that its fiscal third-quarter profit rose 9 percent, in part on cost-control efforts, even as revenue dropped on weak beverage sales.
The maker of Pepsi cola and Frito-Lay snacks earned $1.72 billion, or $1.09 per share, in the three months ended Sept 5. That's up from the $1.58 billion, or 99 cents per share, a year ago.
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