Daily Archives: August 16, 2018

Cadbury Nigeria falls back into loss amid rising cost

Cadbury Nigeria Plc, reported a net loss of N424m for the first six months of 2018, hurt by rising cost.

The Bournvita maker which emerged from a loss position at the end of 2017 said that a high selling and distribution expense and high net finance cost (Bank interest charges) erased all gains made in the period under review.