Transcorp Achieves N179.5bn Profit in FY2025 Earnings
Transcorp announced its audited financial results for FY2025, showcasing a remarkable performance with a profit before tax of N179.5 billion, marking a 31% increase from N136.7 billion in FY2024. Total revenue reached N544 billion, up 33% from N408 billion the previous year.
For the first time in its history, the group's total assets surpassed N1 trillion, reaching N1.002 trillion, while shareholders' funds grew by 47% to N353.4 billion. The company's gross profit margin remained robust at 50.5%, attributed to operational efficiency and cost discipline.
The power segment, particularly Transcorp Power, saw a 38% revenue increase to N483.97 billion, driven by improved generation capacity. Transcorp Hotels PLC also reported a 38% rise in revenue to N97.04 billion.
Chairman Toni O. Elumelu emphasized the strength of the group's diversified portfolio and its commitment to Nigeria's long-term prospects.
Group CEO Dr. Owen Omogiafo noted the milestone of crossing N1 trillion in assets as a defining moment for the conglomerate.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Transcorp Group Achieves Record FY 2025 Financial Results
Transcorp Hotels Plc Achieves Record Revenue of N97.04bn in 2025
Transcorp Hotels Achieves 38% Revenue Growth to N97bn in 2025
Transcorp Hotels Reports Record Revenue of N97bn in 2025, Profit Surges by 38%
Transcorp Hotels Approves N13bn Dividend for 2025
Transcorp Power Profits Soar Amid Output Expansion Success
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
