Glaxo SmithKline (BIOC)

Cairo – Mubasher: GlaxoSmithKline’s (GSK Egypt) consolidated net profit plunged to EGP 60.47 million in 2023 from EGP 735.39 million a year earlier. Consolidated net sales soared to EGP 2.24 billion last year from EGP 1.82 billion in 2022, …

Cairo – Mubasher: The consolidated net profits after tax of GlaxoSmithKline (GSK Egypt) plummeted to EGP 46.72 million in the first nine months (9M) of 2023 from EGP 920.71 million in 9M-22. Net sales amounted to EGP 1.57 billion in …

Cairo – Mubasher: GlaxoSmithKline (GSK Egypt) achieved consolidated net profits worth EGP 19.57 million in the first half (H1) of 2023, an annual plunge from EGP 871.81 million, including minority interest. As for the standalone business, the net …

Cairo – Mubasher: The consolidated net profits after tax of GlaxoSmithKline (GSK Egypt) plummeted to EGP 13.81 million in the first quarter (Q1) of 2023 from EGP 869.16 million in Q1-22, including minority interest. Net sales amounted to EGP …

Cairo – Mubasher: The shareholders of GlaxoSmithKline (GSK Egypt) greenlighted a cash dividend distribution valued at EGP 0.75 per share for 2022. The EGX-listed firm will pay out the announced dividends once liquidity is available, according to a …

Cairo – Mubasher: GlaxoSmithKline (GSK Egypt) witnessed 376% higher consolidated net profits after tax at EGP 735 million in 2022, compared to EGP 155 million in 2021. The revenues hit EGP 1.81 billion in January-December 2022, up 79% year-on-year …

Cairo – Mubasher: GlaxoSmithKline (GSK Egypt) logged EGP 920.72 million in consolidated net profits in the first nine months (9M) of 2022, compared to EGP 70.11 million in the prior-year period. The company’s sales amounted to EGP 1.16 billion …

Cairo – Mubasher: GlaxoSmithKline (GSK Egypt) logged standalone net profits after tax worth EGP 929.74 million in the first nine months (9M) of 2022, higher than EGP 89.83 million in 9M-21. Net sales enlarged to EGP 1.26 billion in …

Cairo - Mubasher: The consolidated net profits of GlaxoSmithKline (GSK Egypt) surged to EGP 871.81 million during the first half (H1) of 2022, compared to EGP 20.65 million in the same period in 2021. Revenues of the EGX-listed firm reached EGP …

Cairo - Mubasher: The consolidated net profits of GlaxoSmithKline (GSK Egypt) jumped to EGP 869.16 million in the first quarter (Q1) of 2022, compared to EGP 2.69 million in the year-ago period, including minority shareholders' rights. The company …

Cairo - Mubasher: GlaxoSmithKline (GSK Egypt) reported a surge in its standalone net profits to EGP 870.42 million in the first quarter (Q1) of 2022, compared to EGP 22.21 million in the year-ago period. The company generated revenues of …

Cairo - Mubasher: The unaudited consolidated financials of GlaxoSmithKline (GSK Egypt) reported a 454% surge in net profits to EGP 155 million in 2021 from EGP 28 million in 2020. The company's sales retreated by 9% to EGP 1.81 billion in 2021, …

Cairo – Mubasher: The extraordinary general meeting (EGM) of GlaxoSmithKline (GSK Egypt) has approved to sell intangible and movable consumer healthcare assets, excluding real estate and machinery. The independent financial advisor Grant Thornton …

Cairo – Mubasher: The board of directors of GlaxoSmithKline (GSK Egypt) approved a fair value (FV) report prepared by the independent financial advisor Grant Thornton - Egypt for the consumer health business assets. These assets include the …

Cairo - Mubasher: GlaxoSmithKline (GSK Egypt) reported an 82.2% year-on-year (YoY) drop in its consolidated net profits to EGP 20.63 million in the first half (H1) of 2021, compared to EGP 115.96 million, including minority shareholders' rights.  …

Cairo - Mubasher: The board of directors of GlaxoSmithKline (GSK Egypt) decided to hire Grant Thornton Egypt as an independent financial advisor to assess the fair value (FV) of its intangible and movable consumer healthcare assets, excluding …

Cairo - Mubasher: GlaxoSmithKline (GSK Egypt) announced that GlaxoSmithKline plc, listed on the London Stock Exchange LSE), will separate its pharmaceuticals and vaccines business from its consumer healthcare business globally and establish two …

Cairo – Mubasher: The ordinary general meeting (OGM) of Glaxo SmithKline (GSK Egypt) approved a cash dividend of EGP 0.50 per share for 2020. The shareholders also approved increasing the number of board members to nine and forming a committee to …

Cairo – Mubasher: The consolidated net profits of Glaxo SmithKline (GSK Egypt) plummeted by 80% year-on-year (YoY) to EGP 28.13 million in 2020, compared to EGP 142.6 million in 2019, excluding minority shareholders’ rights. The profits …

Cairo – Mubasher: The board of directors of Glaxo SmithKline (GSK Egypt) has rejected a request from the Arab Company for Drug Industries & Medical Appliances (ACDIMA) to conduct due diligence on the company, according to a bourse disclosure on …

Cairo – Mubasher: Glaxo SmithKline (GSK Egypt) has received a letter from the Arab Company for Drug Industries & Medical Appliances (ACDIMA) expressing its interest to acquire the majority shareholder’s stake in the company. ACDIMA requested to be …

Cairo – Mubasher: Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) retracted its offer to acquire the shares of Galxo Group Limited in Glaxo SmithKline (GSK Egypt), according to a bourse disclosure on Tuesday. This …

Cairo – Mubasher: Glaxo SmithKline (GSK Egypt) said that its majority shareholder, Galxo Group Limited, responded to the letters of Arab Company for Drug Industries & Medical Appliances (ACDIMA) and the Tenth of Ramadan for Pharmaceutical …

Cairo – Mubasher: Glaxo SmithKline (GSK Egypt) said that its majority shareholder, Galxo Group Limited, received a letter from the Arab Company for Drug Industries & Medical Appliances (ACDIMA) expressing its interest to submit an offer to acquire …

Cairo – Mubasher: The board of directors of Glaxo SmithKline (GSK Egypt) agreed to allow Hikma Pharmaceuticals Plc to conduct due diligence on the company, according to a bourse disclosure on Wednesday. On Tuesday, the company said that its …