Business Cadbury Nigeria Records Q1 Pretax Profit of N693.6m

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LequteMan

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Cadbury Nigeria has released an unaudited financial interim financial report for the first quarter of the year 2016.

According to the report, the firm's pretax profit for the period was 693.6 million naira, versus pretax loss of 303.5 million naira a year ago.

Also, it reported Q1 revenue of 7.12 billion naira versus 6.73 billion naira year-on-year. Total assets also jumped from N28m to N30m in the corresponding period.
 

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