Earnings Report 2013 H1: GSK Post N1.4billion Pre-Tax Profits

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GSK Plc released its 2013 Half year earnings with revenues rising 9% to N13.9billion (2012 H1: N12.8billion). Gross profit for the period was N5.6billion whilst operating profit was N2billion (2012 H1: N1.8billion). Pre-tax profits at the end of the first half of the year was N2billion (2012 H1: N1.9billion). Apart from the N2billion spent on investments this results bears no major difference from 2012 H1 in terms of margins.

GSK Plc 2013 H1 results was released in the website of the NSE