![[Results] Higher Costs Chops off 7up Margins](https://i2.wp.com/nairametrics.com/wp-content/uploads/2015/07/7up-Neymar.jpg?fit=638%2C405&ssl=1)
Seven Up Bottling Co Plc, released its financial results for the nine months ended Dec 31, 2015.
The result showed that revenues rose marginally by 0.66% from N59 billion in 2014 to N60 billion in 2015.
The company also reduced its operating expenses by 15%, from N15 billion in 2014 to N12 billion in 2015.
Pre-tax Profits however dropped by 50% from N5.8 billion in 2014 to N2.8 billion in 2015, while Profit after tax dropped by 50.89% from N4.5 billion in 2014 to N2.2 billion in 2015.
