Cadbury Shifts to Profitability With ₦350 million Revenue in 2017

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Cadbury Shifts to Profitability With ₦350 million Revenue in 2017

Cadbury Nigeria Plc today released its financial statements for the year ended December 2017.

Revenue increased by 10% from N29.9 billion in 2016 to N33 billion in 2017. The company made a profit before tax of N350 million in 2017, as against a loss before tax of N562 million in 2017.

Profit after tax also bounced back to N299 million from a loss after tax of N296 million made in 2017. The comapany has declared a dividend of ₦0.16 per share.

Cadbury is currently at ₦15.45 in today’s trading session. Year to date, the stock is up 9.13%.

Here is a copy of the result.

SEE ALSO  The Experience Concert (Photos): Nicole Mullen, Eben, Nathaniel Bassey Showed up

Get an email when an update on this topic breaks

Share this
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Source :

Join the Trentimes Community and earn on the side

Trentimes is the best thing that is happening to Internet Business

Author

Schwiz Josh

Schwiz Josh

Basically, I'm a programmer and Entrepreneur, Web based. Schooled in UNIZIK. I love classical music.
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments

Subscribe to Get the Best Articles Weekly

Interests
Enable Notifications    OK No thanks