Cadbury posts N28.91bn turnover in Q3 2019 Financial Report

Cadbury Nigeria Plc in its nine months financial report for the period ended, September 30, 2019 recorded N28.91 billion as turnover, up by 7.24% from  N26.96 billion recorded in the third quarter of 2018.

Profit after tax soared by 276.87%, closing at N648 million from the previous close of N171 million in 2018.

Earnings per share grew to N0.35 from the previous earnings per share of N0.09 in the third quarter of 2018.

With reference to the share price of N9.60, the P. E ratio of Cadbury Nigeria stands at 27.82x with earnings yield of 3.59%.

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