Fidson Healthcare Says 2015 H1Revenue Drops 11.8%

By InvestAdvocate

Lagos (INVESTADVOCATE)-Drugmaker, Fidson Healthcare Plc said on Thursday its revenue for the half-year (H1) period ended June 30, 2015 dropped 11.8 percent to N4.034 billion from N4.574 billion in the same period of last year.

Similarly, pretax profit declined 4.5 percent to N476.77 million from N456.26 million recorded in the H1 period of 2014.

However, profit after tax (PAT) inched up N310.26 million in the H1 of 2014 to N324.20 million in the review period of 2015; indicating a growth of 4.5 percent, the company said in a filing with the Nigerian Stock Exchange (NSE).

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