The Unaudited reports for the half year ended June 30th, 2019 of Cadbury Nigeria plc revealed an improvement of 10.82% in topline figures to close the period at N19.454 billion away from N17.554bn reported same period the previous year in 2018.
The first six months financial reports which hit the market on the 19th July, 2019 showed a growth of about 300% in Profit before Tax to N957mn, way above a deficit of N423mn recorded in the preceding year of 2018.
The profit after tax for the period under review soared from N423.767mn deficit in 2018 to N669.938mn in the current report, which imply 258.09% growth in (PAT).
The earnings per share consequently grew by 258%, from a deficit of 23kobo of 2018 to 36kobo in the period under review.
The PE Ratio for the current period stands at 30.28x and the earnings yield at 3.30%.