Cadbury Nigeria Plc has declared a loss after tax of N19.09 billion for the year ended 31 December 2023.
In the Audited Report recently published, the Company reported revenue of N80.38 billion for the 12 months period, up by 45.58% from N55.21 billion reported the previous year.
A loss after tax of N19.09 billion was reported for the year under review against the profit after tax of N583 million reported in FY 2023.
Earnings per share of the Company stands at negative N10.16.
At the share price of N19, the P/E ratio of Cadbury stands at Negative 1.87x with earnings yield of Negative 53.49%.
The Directors of the Company did not recommend dividend for 2023 financial year.