Nigeria, Jan. 29 -- Cadbury Nigeria PLC's most recent financial statement, posted on the Nigerian Exchange (NGX) on January 27, 2025, showed a pre-tax profit of N2 billion for the fourth quarter of 2024.

This essentially lowers the full-year pre-tax loss from N28.1 billion in FY 2023 to N14.8 billion for FY 2024, representing a recovery of 111.73% from the pre-tax loss of N17.3 billion reported in 2023.

Revenue increased significantly in the fourth quarter, rising 87.28% yearly to N39.6 billion from N21.1 billion in the same quarter the year before.

As a result, domestic sales accounted for a sizable amount of the overall revenue for fiscal year 2024, which increased by 60.73% to N129.1 billion from N80.3 billion in FY 2023.

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