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Transcorp Hotels Achieves N22.4bn Pre-tax Profit in Q3 2025, Shows Strong Growth

Business1 min read
Transcorp Hotels Achieves N22.4bn Pre-tax Profit in Q3 2025, Shows Strong Growth

Transcorp Hotels Plc released its unaudited Q3 2025 results, revealing a pre-tax profit of N22.4 billion, a 36% increase from the previous year. The company demonstrated significant growth with revenue up by 49% to N72.31 billion.

The gross profit margin expanded to 76%, reflecting operational excellence and cost efficiency. The Chairman, Emmanuel Nnorom, and the CEO, Uzo Oshogw, emphasized the company's commitment to delivering sustainable profits and unlocking value for shareholders through innovative strategies.

Transcorp Hotels aims to position Nigeria as a preferred destination for global conferences and events.

Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.

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