Transnational Corporation Plc has reported a 39 per cent increase in revenue to N413.4 billion in its unaudited third quarter 2025 financial results.
The growth also delivered strong growth across business lines as Profit Before Tax (PBT) grew by 18 per cent, closing at N124.5 billion, compared to N105.5 billion in the same period last year.
Transcorp Group maintained its strong growth trajectory, driven by the Company’s resilient business strategy and operational excellence.
Other key highlights of the results showed that all operating units recorded significant growth, with the increased power generation capacity at the Group’s power plants and expansion in the hospitality revenue stream with the inclusion of the 5,000-capacity Transcorp Centre Abuja.
The group profit before taxroseby18 per cent to N124.5 billion, up from N105.5 billion in third quarter 2024 while profit after tax increased by 20.5 per cent, reaching N91.4 billion, compared to N75.9 billion in 2024.
”The Group maintained a gross profit margin of 48 per cent, reflecting disciplined cost management and strategic pricing across its business units, underpinned by a strong ethos of operational efficiency.
Chairman Transnational Corporation Plc, Tony O. Elumelu, said, “Transcorp’s robust revenue and earnings delivery demonstrates the opportunity in the Nigerian economy. Our diversified portfolio continues to offer investors access to key drivers of Nigeria’s growth opportunity”.
“As the macro-economic climate improves, the Group is well-positioned to take advantage of Nigeria’s extraordinary potential. We are executing our impact- driven mandate through strategic investments that solidify our leadership in Nigeria’s vital sectors. Our diversified model continues to demonstrate resilience, generating significant value,” he said.
“In power generation and distribution, we are closing the energy deficit in Nigeria, propelling national development. We increased our power generation capacity at all our plants, and we remain committed to power Nigerians out of poverty. In hospitality, we are redefining excellence, with the landmark Transcorp Centre Abuja setting a new standard for world-class events. We remain unrelenting in our commitment to delivering superior shareholder returns and driving the long-term transformation of Nigeria’s economy,” he added
Commenting on the results, President/Group CEO of Transcorp Plc, Dr. Owen Omogiafo, stated: “Transcorp Group’s Q3 2025 results demonstrate the successful execution of our strategic direction, operational excellence and portfolio-wide efficiency. Driven by our core purpose to “Improve Lives and Transform Africa”, we continue to optimise our businesses to deliver superior stakeholder value.
As Nigeria’s leading conglomerate, with a disciplined approach to excellent corporate strategy, we are positioned to finish the year with strength and strategic momentum. We offer investors unique access to the Nigerian economy, delivering sustainable returns for our shareholders and championing economic growth.”
Key operating segments include the power portfolio of two power generating subsidiaries with combined installed capacity of about 2,000MW accounting for c.15% of the total installed capacity in Nigeria ▪ Investment in Abuja Electricity Distribution Company as a lead member of the consortium
Transcorp Hotels Plc is listed on the Nigerian Exchange (NGX) in 2015. Currently with a market capitalization of approximately ₦1.8 trillion.
In the Transcorp Energy, which are the operators of OPL 281 oil block under a Production Sharing Contract with NNPC. ▪ A strategic asset in achieving Transcorp’s integrated energy strategy.
Oil and gas in place – 77mn barrel & 1 TCF ▪ MOU with Rural Electrification Agency (REA) for over 150MW of renewable energy capacity.
Revenue and profit growth remain strong, supported by operational efficiency and strategic positioning.
Transcorp Power grew revenue YoY by 38% driven by improved power generation from 341MW in 2024 to 420MW in 2025.
