GLAXOSMITH declares N113m PAT in Q1 2020 Result; (SP:N7.50K)

Thursday, June 11, 2020 / 4:20 PM / By NSE / Header Image Credit: Glaxosmithkline

GlaxoSmithKline Consumer Nigeria Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

• Revenue declined by -0.5% to N4.99bn from N5.01bn in the previous quarter.

• Profit before tax grew by 10.8% to N167m.

• Profit after tax grew by 10.8% to N113m.

• Net Assets also grew by 3.7% to N9.3bn from N8.9bn.

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