Cadbury declares N8.92bn as turnover in Q1 2021

Cadbury Nigeria Plc in its published Q1 result for the period ended 31 March 2021 reported a turnover of N8.92 billion, up by 4.29% from NN8.52 billion reported in Q1 2020.

Profit after tax of the company declined by 62.19% to N241.578 million form N638.936 million reported in the first quarter of 2020.

Earnings per share of Cadbury for the period under review dropped to 13 kobo form the EPS of 34 kobo.

At the share price of N7.8, the P.E ratio of Cadbury stands at 60.64x with earnings yield of 1.65%.

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