2021 HY Results: GSK Plc profit after tax slumps by over 80.3% to N59.91 million.

GlaxoSmithKline Consumer Nigeria Plc released its unaudited financial results for the period ended 30th June, 2021.

• Revenue for the period was N9.9 billion (-5.46% YoY)
• Cost of sales was N7.09 billion. (-7.5% YoY)
• Administrative expenses totalled N1.01 billion. (+13.3% YoY)
• Profit after tax for the period was N59.91 million. (-80.3% YoY)
• Earnings per share of 5 kobo Vs 25 kobo YoY.

See link to results.