Morison Industries Plc reported a loss after tax of N10.28 million for the half-year ended June 30, 2026, deepening from a loss of N4.33 million in the same period of 2025. Although revenue grew by 21.42 percent to N274 million, rising operating and distribution costs weighed heavily on profitability. The firm transitioned from an operating profit of N5.42 million last year to an operating loss of N3.52 million in 2026. Despite the financial performance, the company’s stock has seen significant momentum, posting a year-to-date gain of over 100 percent.