Cadbury Nigeria Investors are grinning from ear to ear with a 277% increase PAT for this year.   

24 October 2019: Cadbury Nigeria Plc release their nine month results ending 30 sep 2019 and these results have made the Cadbury investors jump over he moon.

The revenue grew by grew by 7.2% to N28.91bn from N26.96bn in comparison to nine month ending Sep’2018. They successfully managed to drop their cost of sales by 6% in comparison to nine month period ending sep’18 .Their Profit before tax ( PBT ) astronomically grew by 266.2% to N925.75m, and obviously the positive effect trickled down to the Profit after tax which shot up by 277% to N648.03m. 

Their Net Assets also grew by 1.4% to N12.85bn from N12.68bn as at September 30, 2019.Their total equity rose by 11%

Reporting for EasyKobo on Thursday , 24 October 2019 in Lagos, Nigeria

Copyright @ 2010-2019 by Naija infotech & solar energy ltd. All rights reserved