Transcorp Reports Strong H1 2025 Results, Revenue Hits N279.7bn, PBT Climbs to N85.7bn

30 Jul 20251 min read

Transnational Corporation Plc, also known as Transcorp Group, a prominent Nigerian conglomerate, reported robust financial results for the first half of 2025. The company's revenue surged to N279.7 billion, marking a 59% growth compared to the same period in 2024.

Profit Before Tax (PBT) also saw a significant increase, reaching N85.7 billion, up by 21% from the previous year. Despite economic challenges, Transcorp's operations in power, hospitality, and natural resources sectors remained resilient.

The company declared an interim dividend of 40 kobo per ordinary share. Chairman Tony Elumelu emphasized the commitment to strategic investments in Nigeria's power sector, while CEO Owen Omogiafo highlighted the company's operational discipline and strategic resilience.

The recent launch of the Transcorp Centre in Abuja further solidifies the company's position as a premier event destination in Nigeria.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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