Transcorp Hotels Achieves 38% Revenue Growth to N97bn in 2025

Transcorp Hotels Plc, a subsidiary of Transcorp Group, announced a remarkable 38% revenue growth to N97.04 billion in 2025 compared to N70.13 billion in 2024. The company's market capitalization stood at N1.75 trillion, showcasing a robust financial performance.
Dr. Awel Elumelu, the board chairman, expressed delight at the company's FY 2025 performance, highlighting the growth in assets and equity by 14% and 18%, respectively. Mr. Uzoamaka Oshogw, the Managing Director and CEO, emphasized the company's focus on operational excellence and business growth while exploring new avenues for sustainable long-term value creation.
The company's operational profit rose by 35% to N35.24 billion, and profit before tax increased by 45% to N32.82 billion in 2025. Transcorp Hotels Plc also recorded a 47% rise in profit after tax to N21.85 billion during the period under review.
The company's total assets grew to N159.91 billion, representing a 14% increase from N140.70 billion in 2024. Transcorp Hotels Plc aims to continue investing in infrastructure and technology to redefine hospitality standards across Africa.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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