Table of Contents
Table of Contents
Transcorp Group Reports Robust Growth in Q3 2025
Transnational Corporation Plc (commonly known as Transcorp Group) has announced impressive unaudited financial results for the third quarter of 2025, demonstrating significant growth across its diverse business segments.
Revenue and Profitability Surge
The company’s revenue surged by 39% year-over-year, reaching ₦413.4 billion compared to ₦297.7 billion in Q3 2024. Profit before tax climbed 18%, totaling ₦124.5 billion, up from ₦105.5 billion the previous year. Meanwhile, profit after tax rose by 20.5%, hitting ₦91.4 billion against ₦75.9 billion in the same period last year. Maintaining a strong gross profit margin of 48%, Transcorp’s results highlight effective cost management and strategic pricing policies.
Key Drivers: Power Generation and Hospitality Expansion
The growth was largely fueled by increased electricity output from Transcorp’s power plants, which is critical in addressing Nigeria’s ongoing energy shortfall. Additionally, the hospitality division saw a notable boost, particularly with the inauguration of the Transcorp Centre Abuja, a state-of-the-art facility capable of hosting up to 5,000 guests. This expansion has significantly enhanced the Group’s events and conferencing revenue streams.
Leadership Insights on Strategic Progress
Chairman Tony Elumelu emphasized that the results underscore Transcorp’s strategic agility in capitalizing on opportunities within Nigeria’s vital economic sectors. He highlighted the company’s diversified business model as a key factor in sustaining resilience and delivering shareholder value amid challenging market conditions.
Elumelu also pointed out the Group’s commitment to scaling up power generation capacity as a vital contribution to reducing Nigeria’s energy deficit. Furthermore, he noted that the recent expansions in hospitality are setting new benchmarks for service and capacity in the industry.
CEO’s Perspective: Sustained Momentum and Future Outlook
Dr. Owen Omogiafo, President and Group CEO, remarked that the quarter’s performance reflects consistent execution of Transcorp’s strategic initiatives and operational efficiencies. He expressed confidence that the Group is well-positioned to maintain its growth trajectory through the end of the year, delivering sustainable returns to investors while fostering broader economic development.
Commitment to Operational Excellence and Market Leadership
With both the power and hospitality sectors advancing, Transcorp remains focused on operational excellence and impact-driven investments. The Group aims to strengthen its leadership role in Nigeria’s critical industries, contributing to national economic progress and long-term value creation.
