Transcorp Power Reports N91.1bn Profit in Nine Months, Driven by Power Generation Growth

Transcorp Power Plc (NGX: TRANSPOWER) announced an unaudited profit of N91.1 billion for the nine months ending September 30, 2025, marking a 12.4% increase from the previous year. The company's revenue from contracted customers rose by 16.59% to N102.7 billion, contributing to a total revenue of N308.5 billion.

Despite a rise in costs, including fuel expenses, the company's gross profit surged to N42 billion. Transcorp Power also recorded a foreign exchange loss but achieved a 7.63% increase in quarterly pre-tax profit.

The company's total assets expanded by 35.26% to N536.7 billion, showcasing its growth in the energy sector.