By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-Beverage maker, Cadbury Nigeria Plc on Tuesday said it recorded a loss after tax of N304 million for first quarter (Q1) ended March 31, 2015 compared to a gain of N1.15 billion declared a year earlier.

Similarly, the beverage maker said profit before tax (PBT) posted a loss of the same margin of 126 percent to N304 million from N1.15 billion reported in the same period of 2014.

Revenue also dipped slightly by three percent (3%) to N6.73 billion from N6.92 billion in the first quarter of 2014; the company said in a filing with the Nigerian Stock Exchange (NSE).