Global Community

Transnational Corporation Plc (Transcorp) delivered strong top- and bottom-line performance for the half-year ended June 30, 2025, reinforcing its position as a diversified conglomerate with robust growth momentum, especially in its power and hospitality segments. Key Highlights – Group Performance (H1 2025 vs H1 2024) Metric H1 2025 H1 2024 Change Revenue ₦279.68bn ₦175.43bn +59.5% Gross Profit ₦130.92bn ₦85.48bn +53.2% Operating Profit ₦91.98bn ₦76.97bn +19.5% Profit Before Tax (PBT) ₦85.70bn ₦70.92bn +20.8% Profit After Tax (PAT) ₦65.17bn ₦52.79bn +23.4% EPS (Basic & Diluted) 408 kobo 81 kobo +404% Other Comprehensive Income ₦747m gain ₦1.54bn loss Turnaround Parent Company Performance Revenue rose by 75.5% to ₦35.82bn (from ₦20.41bn).

Custodian Investment Plc demonstrated robust financial performance in H1 2025, reinforcing its status as a leading player in Nigeria’s financial services sector. The company posted strong revenue growth, impressive profitability, and notable asset expansion.

Unilever Nigeria Plc has delivered an exceptional Q2 2025 performance, reflecting a well-executed turnaround strategy. Revenue surged by 62% year-on-year to ₦51.1 billion, while net profit skyrocketed to ₦8.85 billion , a massive leap from ₦1.08 billion in Q2 2024.

Company Overview Circle is the issuer of USDC, the world’s second-largest stablecoin. As of July 2025, USDC has: $62.3B in circulation $25.5T in cumulative on-chain transaction volume Zero depegs during market stress Circle went public in July 2025 under the ticker CRCL, after years of operating privately and disclosing financials through SEC reports.

Ticker : ZGSE:KOEI | Sector : Industrials | Market Cap : ~1.50B EUR | Current Price : 584.00 EUR (July 2025) | Estimated Fair Value : 1,146.52 EUR Why Invest in KONČAR Group? KONČAR Group (KOEI), a leading Croatian industrial conglomerate specializing in electrical equipment, renewable energy, and urban mobility, is significantly undervalued, offering ~96% upside to a conservative fair value of 1,146.52 EUR.

MeCure Industries Plc has delivered exceptional growth in Q2 2025, highlighted by a 634% YoY surge in pre-tax profit and 165% revenue growth , driven primarily by booming demand in its acute care and OTC product segments. The company’s sharp revenue and margin expansion have firmly placed it on an upward profitability trajectory.

Mutual Benefits Assurance Plc has delivered a remarkable turnaround in financial performance, transitioning from a loss in Q2 2024 to a robust ₦7.8 billion pretax profit in Q2 2025. This performance is driven by strong growth in insurance revenues , significant efficiency in service delivery , and a ninefold surge in investment income.

Dangote Cement Plc (DCP) continues to show solid top-line growth, strong operational margins, and industry-leading market share. The company’s H1 2025 results demonstrate strong revenue expansion (+18% YoY) and a more-than-doubling of profit before tax (₦730.0bn vs ₦293.0bn in H1 2024).

Risks Financial risk management: market risk (including currency risk and cash flow interest risk), credit risk and liquidity risk. Political decisions and other legal aspects.