Transcorp Hotels Achieves N22.4bn Profit in Q3 2025
Transcorp Hotels, a subsidiary of Transnational Corporation of Nigeria Plc, announced unaudited results for Q3 2025, revealing a profit before tax of N22.4 billion, a 36% increase from Q3 2024. The company recorded a revenue of N72.31 billion, a 49% increase from the previous year.
With a focus on operational excellence and cost efficiency, Transcorp Hotels continues to deliver sustainable profits and value to investors. Chairman Emmanuel Nnorom highlighted the company's commitment to customer-centric innovation and growth strategies in Nigeria's hospitality sector.
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