GLAXOSMITH Declares N427m PAT in Q3 2019 Results (SP:N6.30k)

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Wednesday, October 30, 2019  /4:23 PM / By NSE / Header Image Credit: GSK


Glaxosmithkline Consumer Nigeria Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.


Key Highlights

Revenue grew by 13.9% to N15.92bn from N13.97bn in the previous quarter.

Profit before tax grew by 20.88% to N613m.

Profit after tax grew by 21.33% to N427m.

Net Assets also declined by 1.94% to N8.66bn from N8.83bn as at December 31, 2018.

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