Avon Crowncaps and Containers Nig. Plc, released its financial results for the quarter ended Dec. 31, 2015.
The results showed that revenue rose by 20 percent from N3.1 billion in 2014 to N3.8 billion in 2015.
The distribution and other expenses by 22% from N258 million in 2014, to N314 million in 2015.
Profit before tax also increased by 222% from N35 million in 2014 to N114 million in 2015.
The company however made a loss of N22 million in 2015.