Transcorp Group Records 20.5% Profit Increase in Q3 2025 on Strong Cost Management
Transcorp Group, a leading conglomerate in Africa, announced a 20.5% rise in profit after tax (PAT) to N91.4 billion in Q3 2025 compared to N75.9 billion in the same period in 2024. The group's strong gross profit margin of 48% reflects disciplined cost management strategies and operational efficiency.
Revenue increased by 39% year-on-year to N413.4 billion. The Chairman, Tony O.
Elumelu, highlighted the company's commitment to Nigeria's development, particularly in power generation and healthcare expansion, as seen in the growth of Transcorp Power and the Transcorp Hilton Abuja. The company aims to drive value creation and contribute to the nation's growth trajectory.
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