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

Chidinma AnyalewechibyChidinma Anyalewechi
1 year ago
in Company News, Consumer Goods, Manufacturing, Stock Market
Nestle Plc releases third quarter result, reports Net Profit of N11.85 billion
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GlaxoSmith Kline 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. (+9.47% YoY)

Cost of sales stood at N5.00 billion. (+11.11% YoY)

Selling and Distribution costs for the period was N1.15 billion. (+19.79% 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. (+49.39 YoY)

Earnings per share of 5.00 kobo Vs 4.00 kobo YoY.

See link to results.

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