Transnational Corporation of Nigeria Plc Records 20.5% Profit Growth in Q3 2025
Transnational Corporation of Nigeria Plc, a leading conglomerate in Africa, announced a 20.5% rise in profit after tax (PAT) to ₦91.4 billion in the third quarter of 2025 compared to ₦75.9 billion in the same period in 2024. The group maintained a strong gross profit margin of 48%, reflecting disciplined cost management strategies and operational efficiency across its business units.
The conglomerate also posted a 39% year-on-year increase in revenue, reaching ₦413.4 billion in Q3 2025. Tony O.
Elumelu, Chairman of Transcorp Group, highlighted the company's robust earnings performance and its commitment to Nigeria's development, particularly in the power generation and healthcare sectors.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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