GLAXOSMITH Declares N103.76m PAT in Q2 2019 Results,(SP:N15.30k)


Monday, July 29, 2019 / 6:43PM / NSE

Glaxosmithkline Consumer Nigeria Plc released its unaudited second quarter results for the period ended June 30, 2019.


Key Highlights

Revenue declined by -49.0% to N4.38bn from N8.59bn in the previous quarter.

Loss Before Tax declined by 71.3% to N148.23m.

PAT declined by 71.3% to N103.76m.

Net Assets also declined by 2.6% to N8.6bn from N8.83bn as at December 30, 2018.

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