Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Fidson Healthcare Jumps Most in 11 Weeks on 1st-Half Profit

Fidson Healthcare Plc, a Nigerian drug maker, jumped the most in 11 weeks after reporting it swung to profit in the first half.

The stock climbed 4.8 percent to 0.88 naira by 2:18 p.m. in Lagos, the most since May 31, according to data compiled by Bloomberg.

Net income for the six months through June surged to 152.8 million naira, compared with a loss of 188.6 million naira a year earlier, the Lagos-based company said in a statement published on the Nigeria Stock Exchange website today. Revenue increased to 3.6 billion naira from 2.6 billion naira over the same period. Fidson paid a dividend of 10 kobo per share for 2011, it said on April 20.

“Now that the company has returned to profit, investors expect it to raise its dividend payment,” David Adonri, Chief Executive Officer of Lambeth Trust and Investment Company, said by phone today from Lagos.

The shares have advanced 2.3 percent this week, compared with a decline of 0.6 percent in the Nigerian Stock Exchange All Share Index.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.