Cadbury Nigeria Plc, a subsidiary of Cadbury Schweppes Overseas Limited (CSOL) has released its annual report for the year ended 31 December 2021 with 52% decline in profit to N449.712 million from N931.827 million in 2020.

The profit decline was in spite of 20% rise in revenue to N42.372 billion from N35.407 billion in 2020.