Fidson Healthcare Plc has been recognised for its outstanding performance in human resource management with the award for ‘Best Employee Engagement Programme’.
This was disclosed in a statement released by the company.
According to the statement from the company, the award was given at the recently-held edition of the HR Future Workplace Awards during the HR Summit and Expo for West Africa, 2018.
What you should know about HR Future
Future Workplace Awards 2018 (formerly known as Middle East HR Excellence Awards) recognise the outstanding achievements of individuals, departments, teams or an organisation that have contributed to the growth and development of the Middle East HR Industry.
Prior to this, Fidson was recognised for its definitive competitive strategy, innovation and strong leadership in the area of Pharmaceutical Production and Distribution in Nigeria.
At the award which was recently held in Cape Town, South Africa, Fidson emerged winner of the 2018 Frost & Sullivan – Best Practice Award for Competitive Strategy Innovation and Leadership.
However, Fidson’s strong leadership in the area of Pharmaceutical Production and Distribution in Nigeria, however, stoked a growth rate of 84 percent in 2017, cementing its leadership in the Nigerian pharmaceutical market.
Fidson Healthcare Plc had released its Q3 2018 financial results for the period ended 30th September 2018.
Revenue for the company stood at ₦5.32 billion in Q3 2018 as against ₦5.22 billion in the same period in 2017. This represents a 1.9% surge in revenue year on year
Profit Before Tax stood at ₦1.15 billion in Q3 2018 as compared to ₦1.04 billion in 2017. This represents a 10.5% increase year-on-year. Profit After Tax for Q3 2018 stood at ₦780 million as compared to ₦730 million recorded in the same period 2017. This represents a 6.84% increase year o year.
The share price of the company is currently trading at ₦5.95 on the floor of the Nigerian Stock Exchange (NSE).
Fidson Healthcare Plc is a leading pharmaceutical manufacturing company in Nigeria. Founded in 1995, the company has relentlessly pursued its goal of becoming a leading player in the pharmaceutical landscape in Nigeria.
Ever since its establishment, Fidson has built and cultured an organizational framework that has steadily helped us gain ascendancy in the industry. The company has crafted the pharmaceutical architecture of the industry over the years of its existence, playing very defining roles in the emergence of the new generation of industry players.