Bloomberg News

GlaxoSmithKline Nigeria Forecasts Profit of 895.04 Million Naira

September 30, 2011

Sept. 30 (Bloomberg) -- GlaxoSmithKline Nigeria Plc said it expects to report net income of 895.04 million naira for the three months through December.

Profit before tax is seen at 1.316 billion naira for the period while sales are expected to be about 5.26 billion naira, the company said in a statement published on the website of the Nigerian Stock Exchange today.

To contact the editor responsible for this story: Alastair Reed at

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