Seven-Up Q3’14 Profit Rise 16%

By InvestAdvocate

Lagos (INVESTADVOCATE)-Soft drink producers, Seven-Up Bottling Company Plc on Thursday said its third quarter (Q3) 2014 profit after tax (PAT) rose 16 percent to N4.514 billion from N3.917 billion reported in the same period of 2013, the company said in a filing with the Nigerian Stock Exchange.

Similarly, profit before tax (PBT) climbed up 14.1 percent to N5.822 billion from N5.104 billion posted in the corresponding period of 2013.

The soft drink maker declared a revenue of N59.829 billion compared to N54.954 billion posted in the third quarter of 2013; soaring by 8.9 percent in the review period.

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