Britain’s AstraZeneca posts revenue boost, with 2.5 billion COVID-19 jabs released
British pharmaceutical company AstraZeneca said on Thursday that its total revenue increased by 41 per cent in 2021, while core earnings per share (EPS) grew by 32 per cent.
The company noted that it had delivered on the promise of broad and equitable access to its COVID-19 vaccine with 2.5 billion doses released for supply around the world.
AstraZeneca is increasing the dividend for shareholders, and said it is confident in long term growth and profitability.
For 2022 fiscal year, the company projects total revenue to increase by a high teens percentage and core EPS to increase by a mid-to-high twenties percentage.
However, reflecting increased confidence in future growth and cash generation, the board plans to increase the annualised dividend by $0.10 to $2.90.
Meanwhile, the total revenue, excluding the vaccine increased by 26 per cent to $33.44 billion.
(dpa/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
Tinubu congratulates information, interior ministers on birthdays
The President said the minister has brought finesse and immense experience to his role as Nigeria’s image maker.
States
Zamfara govt. to deal with workers receiving multiple salaries
He advised them to support the present administration in its determination to sanitise the state civil service.
States
Anambra labour unions call for establishment of civil, judicial service commissions for workers’ rights
They also called for the appointment of a special adviser on labour matters in the state.
Economy
Frequent changes in customs duty exchange rate bad for business: CPPE
“It is extremely difficult for investors to plan under these unstable circumstances.”
States
756 schools to compete in Anambra sports festival
He said the festival, which would be held between May 2 and June 7, would be bigger and better than the 2023 edition.
Heading 4
Turkey to join South Africa’s genocide lawsuit against Israel
Mr Erdoğan also accused Israel of committing “genocide.”