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Home Business News

Cadbury Plc returns to profitability with 10.6% revenue surge

Fikayo Owoeye by Fikayo Owoeye
October 24, 2018
in Business News, Company News, Company Results
Cadbury
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Cadbury Nigeria Plc has released its 2018 Q3 financial results for the period ended 30th September 2018.

Highlights of the result

Revenue

Revenue increased from ₦24.36 billion in Q3 2017 to ₦26.95 billion for the corresponding period in 2018. This represents a 10.6% increase year on year.

Profit Before Tax

The Profit Before Tax for Q3 2018 is ₦252 million, compared to₦ a loss of 64 million in the corresponding period in 2017.

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Profit After Tax

Profit After Tax for the period under review is ₦171 million, compared to a loss of ₦64 million in the corresponding period in 2017.

Earnings Per Share

Earnings Per Share also increased from 3 kobo in Q3 2017 to 9 Kobo in 2018.

Cadbury Nigeria Plc Shares are currently trading at ₦9.40 on the floor of the Nigerian Stock Exchange.

DOWNLOAD CADBURY Q3 2018 RESULT


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Tags: Cadbury Nigeria PlcQ3 2018 financial result
Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

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