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Cadbury Nigeria Plc has delivered a compelling turnaround in its H1 2025 performance, shifting from a loss position in 2024 to significant profitability, supported by sharp revenue growth, improved cost efficiency, and stronger operating leverage. While the earnings rebound is impressive, balance sheet concerns, especially around borrowings and cash erosion, suggest a need for cautious optimism.

Previous mistake rectified. So as pointed out in the comments, Chevron won the Hess bid (rather than Exxon) and took a large portion of the Stabroek block.

Johnson Outdoors delivered little in the way of material positive or negative surprises in Q2 2025. Progress on cost-out was modest after adjusting for non-underlying items, and the company needs to work harder on expense savings.

FTN Cocoa Processors Plc has made commendable progress in trimming its losses for the half-year ended June 2025, reducing its pre-tax loss by 89% from ₦10.5 billion to ₦1.1 billion. Despite this, the company remains in negative territory, with a fragile equity position, rising liabilities, and declining asset base—all of which suggest that recovery is still a work in progress.

Fidson Healthcare Plc delivered a strong top-line performance in H1 2025, recording a 68% YoY increase in revenue from ₦37.3 billion to ₦62.6 billion. Despite facing macroeconomic challenges including rising finance costs and exchange rate volatility, the company grew its profit after tax by nearly 4x, reaching ₦6.02 billion (vs.

ABC Transport Plc posted a strong turnaround performance in the first half of 2025, reversing its prior year’s loss to deliver a profit before tax of ₦734.37 million, up from a loss of ₦56.24 million in H1 2024. This marks a significant recovery trajectory for the transport company, driven by rising revenue, improved operating efficiency, and non-core income growth.

Alibaba, once the undisputed titan of China’s e-commerce space, has faced headwinds in recent years—from regulatory pressures to slowing consumer demand and an overextension into offline-heavy businesses. However, the company is entering a pivotal transition.

Japaul Gold & Ventures Plc has delivered a steady half-year performance in 2025, sustaining profitability and maintaining a positive net asset position despite a modest revenue base. With growing administrative costs and limited diversification of income streams, the company demonstrates resilience but also reveals areas that require strategic reinforcement.

Jaiz Bank Plc has delivered a resilient half-year 2025 performance, marked by strong earnings growth, expanding income streams, and a relatively stable cost profile. Gross income from financing and investment transactions rose 32% YoY to ₦44.01 billion, with net income after provisions reaching ₦43.66 billion, indicating efficient risk asset management despite a modest impairment loss.