By InvestAdvocate

Lagos (INVESTADVOCATE)-Drugmaker, Fidson Healthcare Plc on Thursday said its 2014 full year audited period increased to N631.82 million from N154.98 million recorded a year earlier; indicating an increase of 308 percent.

Similarly, profit before tax (PBT) climbed up 249 percent to N870.81 million from N249.59 million reported last year.

However, revenue increased marginally by five (5) percent to N9.73 billion from N9.25 billion in 2013, the company said in a filing with the Nigerian Stock Exchange (NSE).

Share price of the company dropped by 2.59 percent to N3.01 from N3.09 the previous session; losing 0.08 kobo in the review period.

The drugmaker proposed a dividend of 0.15 kobo compared to 0.10 kobo paid a year earlier; representing an increase of 50 percent in dividend payout to investors of the company.