GLAXOSMITH declares N305m PAT in Q2 2020 Unaudited Results;(SP:N4.85K)


Tuesday, August 04, 2020 / 6:29 PM / NSE / Header Image Credit: Glaxosmithkline

GlaxoSmithKline Consumer Nigeria Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue grew by 4.7% to N10.4bn from N10bn in the previous quarter.

  • Profit before tax declined by 16% to N448m.

  • Profit after tax declined by 18% to N305m.

  • Net Assets grew by 10% from N8.6bn to N9.5bn.

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