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Home Markets Equities Company Results

GlaxosmithKline Plc reports profit after tax of N62.79 million in Q3 2021

Chidinma Anyalewechi by Chidinma Anyalewechi
October 26, 2021
in Company Results, Markets
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GlaxoSmithKline Plc released its unaudited financial results for the third quarter of the year ended 30th of September, 2021. 

  • Revenue during the period was N6.59 billion. (+9.55% YoY)  
  • Cost of sales stood at N4.99 billion. (+11.10% YoY) 
  • Selling and Distribution costs for the period was N1.15 billion. (+20.21% YoY) 
  • Administrative expenses of N559 million was recorded. 
  • Profit before tax was N92.64 million (+49.88%). Total assets during the period stood at N23.49 billion. (+1.23 bn YoY) 
  • Profit after tax was N62.79 million. (+49.41 YoY) 
  • Earnings per share of 5 kobo Vs 4 kobo YoY. 

See link to results 

 

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Chidinma Anyalewechi

Chidinma Anyalewechi

For further inquiries about this article, contact: Email: chidinma.anyalewechi@nairametrics.com LinkedIn: linkedin.com/in/chidinma-anyalewechi-a323ab173/

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