March 25, 2014 / 9:41 AM / 4 years ago

GSK Nigeria posts 3.4 pct rise in full-year profit

LAGOS, March 25 (Reuters) - The Nigerian unit of British drugmaker GlaxoSmithKline on Tuesday reported 2013 pretax profit up 3.4 percent to 4.31 billion naira ($26 million), from 4.17 billion naira the previous year.

Turnover grew 15.3 percent to 29.18 billion naira during the period, compared with 25.31 billion naira a year earlier, the company said in a filing with the Nigerian Stock Exchange. ($1 = 165.19 Naira) (Reporting by Oludare Mayowa; Editing by David Goodman)

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