LAGOS, April 2 – GlaxoSmithKline Consumer Nigeria said on Thursday it’s 2014 pretax profit fell 36.2 percent to 2.75 billion naira ($14 million).
The drugmaker’s revenue rose to 30.52 billion naira from 29.18 billion in the same period, it said in a statement.
The company has proposed a dividend of 0.75 naira per share and one new share for every four existing shares to shareholders, unchanged from the previous year.
($1 = 199 naira) (Reporting by Oludare Mayowa; Editing by James Macharia)(Reuters)
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