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.
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.