Cadbury Nigeria’s annual loss narrows to N10bn as revenue surges
By Mary Adenike Cadbury Nigeria Plc, a fast-moving consumer goods firm, saw its financial performance improve in 2024, its unaudited
By Mary Adenike
Cadbury Nigeria Plc, a fast-moving consumer goods firm, saw its financial performance improve in 2024, its unaudited financial statements released on Monday show.
The company’s after-tax loss narrowed to N10.4 billion from N19.1 billion in 2023 as revenue grew to N129.2 billion from N80.4 billion. Its cost of sales rose from N63.0 billion to N111.7 billion.
Our standardsReported and edited by the Markets Reporters newsroom. How we workUse of AISummaries, audio and Ask MR answers are generated from our reporting and labelled. Reporting and writing are human.CorrectionsSpotted an error? Tell us — we correct and note it.
Free newsletter
