By InvestAdvocate

Lagos (INVESTADVOCATE)-Food and Beverage producer, Cadbury Nigeria Plc said on Tuesday its profit after tax (PAT) for the period ended December 31, 2015 declined 46 percent to N1.153 billion from N2.137 billion recorded a year ago.

Similarly, pretax profit dropped 34 percent to N1.577 billion to N2.385 billion posted the same period of 2014.

Also, revenue of the company depreciated from N30.518 billion in 2014 end to N27.825 billion in the review period of 2015, showing a drop of nine (9) percent, Cadbury said in a filing with the Nigerian Stock Exchange (NSE).

Click here to download Caadbury Nigeria Plc 2015 Audited Report