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GSK Nigeria 9-month pre-tax profit falls 25.9 pct

Tue, 28th Oct 2014 09:42

LAGOS, Oct 28 (Reuters) - The Nigerian unit of drugmaker GlaxoSmithKline on Tuesday said its 9-monthpretax profit fell 25.9 percent to 2.06 billion Nigeriannaira($12.47 million), compared with 2.78 billion naira theprevious year.

Turnover however rose to 23.21 billion naira during the ninemonths to the end of September, from 21.33 billion naira in thesame period of last year, the company said in a filing with theNigerian Stock Exchange. (1 US dollar = 165.20 naira) (Reporting by Oludare Mayowa; Editing by Tim Cocks)

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