FIDSON Declares 3.67% Drop in 2015 Pretax Profit, Offers Lesser Dividend of 0.05 Kobo per Share

Fidson

By InvestAdvocate

Lagos (INVESTADVOCATE)-Drugmaker, Fidson Healthcare Plc said on Friday its pretax profit for the period ended December 31, 2015 dropped 3.67 percent to N838 million from N870 million posted a year earlier.

On the contrary, profit after tax (PAT) gained 17.90 percent to N744 million from N631million declared in 2014 end.

Revenue decreased to N8.21 billion from N9.71 billion reported in 2014 end, according to the drugmaker in a filing with the Nigerian Stock Exchange (NSE).

The company has proposed a dividend of 0.05 kobo per share in 2015 compared to 0.15 kobo per share paid to investors in 2014.

Click here to download Fidson Healthcare Plc 2015 Audited Year End Report

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