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Nairametrics
Home Sectors Consumer Goods

Glaxo SmithKline Consumer Nigeria Plc posts a profit of N622.2 million in FY 2020.

Chidi Emenike by Chidi Emenike
March 31, 2021
in Consumer Goods
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Glaxo SmithKline Consumer Nigeria Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N21.3 billion. (+2.6% YoY)
  • Cost of sales was N15.4 billion. (+4.6% YoY)
  • Administrative expenses totaled N1.59 billion. (-17.6% YoY)
  • Profit after tax was N622.2 million. (-32.2% YoY)
  • Earnings per share of 52 kobo vs 77 kobo YoY.
  • A dividend of 40 kobo was proposed.

See link to results.


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Tags: Company Financial ResultsGlaxo SmithKline Consumer Nigeria Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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