Transcorp Group Posts N279.7bn Revenue Growth, N4.064B Interim Dividend To Shareholders
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments across power, hospitality and energy, has posted strong financial results for the first half of 2025, marked by a 59 per cent increase in revenue and the declaration of an interim dividend of N4.064 billion.
According to its unaudited financial results for the period ended June 30, 2025, the Group’s revenue rose sharply from N175.4 billion recorded in the same period last year to N279.7 billion.
The performance also saw profit before tax grow by 21 per cent, closing at N85.7 billion compared to N70.9 billion in H1 2024, reflecting sustained momentum in its diversified operations despite challenging economic conditions.
A significant feature of the performance was the improvement in gross profit margin, which stood at 47 per cent.
In line with its commitment to shareholder value, the Board of the Group approved an interim dividend of 40 kobo per ordinary share, amounting to N4.064 billion, subject to applicable withholding tax.
Chairman of Transnational Corporation Plc, Tony O. Elumelu, CFR, described the results as evidence of the company’s consistent delivery on its mission to create impact and value across Nigeria’s key economic sectors.
He highlighted continued innovation in the power sector through Transcorp Power and Transafam Power, and major strides in hospitality, notably the launch of the Transcorp Centre in Abuja—a state-of-the-art events venue that has already attracted international dignitaries and hosted landmark gatherings, including the 2025 AFREXIM Annual Meetings.
“Our growth demonstrates the resilience and strength of our diversified business model,” Elumelu stated. “We remain dedicated to achieving our strategic vision, rewarding our valued shareholders, and driving the sustainable transformation of Nigeria’s economy.”
President and Group Chief Executive Officer, Owen Omogiafo, OON, noted that the Group’s ability to deliver robust results amidst economic volatility reflects its deep operational resilience and focus on execution.
She said the new 5,000-seat Transcorp Centre positions Nigeria as a hub for major regional and international conferences, while underscoring the Group’s ambition to lead in scale, service and infrastructure.
“The Q2 2025 financial performance reflects our firm commitment to operational excellence and the resilience inherent in our corporate strategy,” Omogiafo said. And added, “We continuously explore innovative ways to further accelerate our growth trajectory while strengthening our leadership in Nigeria’s power, hospitality, and energy sectors.”
Transcorp Group, through its power subsidiaries, supplies over 20 per cent of Nigeria’s installed electricity capacity and is expanding domestic energy development through investments in OPL281.
Its hospitality subsidiary, Transcorp Hotels Plc, owns the iconic Transcorp Hilton Abuja and also operates the lifestyle and travel tech platform Aura by Transcorp Hotels, further entrenching its presence in the digital space. Read More
