Seven Up Bottling Records 125 Percent Growth in Profit

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s soft drink maker, Seven Up Bottling Company Plc on Monday said it recorded a growth in profit for the year of 125 percent to N6.434 billion for the period ended March 31, 2014 from N2.856 billion.

Similarly, profit before tax (PBT) also increased 133 percent to N7.616 billion in March 31, 2014 from N3.262 billion in the same period of 2013.

Revenue also rose to N77.888 billion from N64.088 billion; indicating a rise of 21.53 percent.

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