Cadbury declares N172.67m profit in FY’20

Cadbury Nigeria Plc on Wednesday published its financial report for the year ended 31, December 2020 on the website of the Nigerian Stock Exchange.

The group reported a turnover of N35.407 billion, down by 10% from the turnover of N39.327 million reported in 2019.

Profit after tax of N172.665 million was reported for the 12 months period, down by 84% from N1.07 billion achieved the previous year.

Earnings per share declined to 9 kobo from 57 kobo reported in 2019, which translates to 84% decline year on year.

At the share price of 9.6, the P.E ratio of Cadbury stands at 104.43x with earnings yield of 0.96%.

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