Cadbury Nigeria Post Tax Profit increase by 136.4% in 2013

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Food and Beverage giant Cadbury Nigeria Plc Monday posted a 136.4 percent (136.4%) half year post tax profit for the period ended June 30 2013.

Cadbury in the review period recorded a post tax profit of N2.518 billion in the second quarter of 2013 compared to N1.065 billion reported in the same period of 2012; representing an increase in post tax profit of 136.4%.

Pre tax profit also grew from N1.609 billion in the half year of 2012 to N3.586 billion in the review period of 2013; indicating a growth of 122.9%.

Also, revenue rose from N16.094 billion in the second quarter of 2012 to N17.431 billion in the half year of 2013; showing an increase of 8.3% in the review period.

 

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