Transcorp Hotels Plc (NGX: TRANSCOHOT), a hospitality company and a subsidiary of Transnational Corporation Plc, reported a revenue of ₦97.04 billion for the fiscal year 2025.
This marks a significant 38% increase from ₦70.13 billion in fiscal year 2024, bringing the company close to the ₦100 billion milestone.
The gross profit saw an impressive growth of approximately 49–50%, with the margin expanding to 77% from 71%.
This growth was driven by strong demand in room bookings, conferencing, food and beverage services, and ancillary services, along with effective cost management and operational efficiencies.
Key Financials (Year-on-Year Growth)
– Operating Profit: ₦35.24 billion (+35%)
– Profit Before Tax: ₦32.82 billion (+45%)
– Profit After Tax: ₦21.85 billion (+47%)
– Basic and Diluted Earnings Per Share (EPS): ₦2.14 (up from ₦1.46)
– Total Assets: ₦159.91 billion (+14%)
– Total Equity: ₦95.23 billion (+18%)
– Retained Earnings: ₦77.53 billion (up from ₦63.23 billion)
The market capitalisation currently stands at ₦1.75 trillion.
Dr. Awele V. Elumelu, OFR, the Chair of the Board, emphasized the company’s strengthened foundation and commitment to operational excellence for sustainable value creation.
MD/CEO Uzoamaka Oshogwe described the results as a major milestone, attributing the success to disciplined efficiency, cost controls, and a dedicated team committed to service excellence.
The company continues investing in transformative assets, such as the 5,000-seat Transcorp Centre, aiming to position Nigeria as a global events hub, hosting prestigious meetings like the Afreximbank Meetings and ECOWAS Summits, while also innovating with technology to redefine African hospitality.
About Transcorp Hotels Plc
Transcorp Hotels Plc is the hospitality subsidiary of Transnational Corporation Plc, one of Africa’s leading listed conglomerates with investments in power, hospitality, and energy.
Administrator and Writer
