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Glaxo Smith Kline's stand. profits drop to EGP 109M ending Sept. 2018

Glaxo Smith Kline's stand. profits drop to EGP 109M ending Sept. 2018

ArabFinance:  Glaxo Smith Kline (BLOC) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending September 30, 2018.

The company posted consolidated net profits of EGP 129,530,519, compared to net profits of EGP 235,006,222 in the same period a year ago, taking into account the minority rights. 

Moreover, it posted standalone net profits of EGP 108,559,640, compared to net profits of EGP 232,124,985 in the same period last year

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