GLAXO PROFITS UP SHARPLY, DIVIDEND RAISED
Six months to end-December
    Shr 32.6p vs 22.3p
    Div 5.0p vs 4.0p
    Pre-tax profit 376 mln stg vs 260 mln
    Turnover 883 mln vs 686 mln
    Tax 133 mln vs 94 mln
    Note - company full name is Glaxo Holdings Plc <GLXO.L>.
    Trading profit 338 mln vs 233 mln
    Share of profits of associates 14 mln vs seven mln
    Investment income less interest payable 24 mln vs 20 mln
    Profit after tax 243 mln vs 166 mln
    Minority interests two mln vs one mln
    Extraordianry credit eight mln vs nil
    Turnover includes -
    Continuing activities 875 mln vs 647 mln
    Discontinued activities eight mln vs 39 mln
    U.K. 111 mln vs 91 mln
    Europe 299 mln vs 218 mln
    North America 334 mln vs 229 mln
    Central and South America 21 mln vs 20 mln
    Africa and Middle East 29 mln vs 23 mln
    South East Asia and Far East 57 mln vs 47 mln
    Australasia 24 mln vs 19 mln
    Anti-peptic ulcerants 414 mln vs 285 mln
    Systemic antibiotics 112 mln vs 82 mln
    Respiratory system 183 mln vs 141 mln
 REUTER
