Cadbury declares N516m loss in Q2 2021

Cadbury Nigeria Plc last week published its financial statement for the period ended 30 June 2021.

A turnover of N18.523 billion was reported for the six month period, up by 16% from 15.917 billion reported the previous year.

Loss after tax of N516.167 million was reported for the six months period from the profit after tax of N536.660 million reported in Q2 2020.

Earnings per share dropped to -27 kobo from the EPS of 29 kobo achieved the previous year.

At the share price of N9, the P.E ratio of Cadbury Nigeria stands at -32.75x with earnings yield of -3.05%.

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