Cadbury Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 23,593.5 million compared to NGN 14,663.35 million a year ago. Net income was NGN 4,296.9 million compared to NGN 474.88 million a year ago. Basic earnings per share from continuing operations was NGN 2.2878 compared to NGN 0.2528 a year ago.
For the nine months, sales was NGN 59,201.26 million compared to NGN 42,540.02 million a year ago. Net loss was NGN 10,242.57 million compared to net income of NGN 2,816.67 million a year ago. Basic loss per share from continuing operations was NGN 5.4534 compared to basic earnings per share from continuing operations of NGN 1.4997 a year ago.