TRANSNATIONAL Corporation Plc (NGX: TRANSCORP), one of Nigeria’s leading conglomerates, has announced its half-year 2025 unaudited financial results, showing impressive growth across its diversified portfolio.
The Group reported a 59% year-on-year increase in revenue, reaching ₦279.7 billion, while profit before tax rose by 21% to ₦85.7 billion, up from ₦70.9 billion in H1 2024.
Despite prevailing macroeconomic challenges, Transcorp Group continues to deliver exceptional results, with its operations in power, hospitality, and energy sectors driving consistent value for shareholders.
As part of its commitment to shareholder returns, the company declared an interim dividend of ₦4.064 billion, representing 40 kobo per ordinary share, subject to withholding tax.
Revenue surged to ₦279.7 billion, compared to ₦175.4 billion in H1 2024.
Profit before tax grew to ₦85.7 billion, a 21% year-on-year increase.
Gross profit margin stood at a strong 47%, despite inflationary pressures and currency volatility.
During the period, the Group commissioned the Transcorp Centre, a state-of-the-art 5,000-seat convention and events complex in Abuja, now positioning Nigeria as a regional hub for large-scale conferences. The facility has already hosted notable events, including the Afrexim Annual Meetings 2025.
Chairman of Transcorp Group, Tony O. Elumelu, CFR, attributed the stellar performance to the Group’s resilient, impact-focused strategy:
“Delivering on our value-creating mission, we continue to invest strategically across sectors that matter — power, energy, and hospitality. From improving energy access through Transcorp Power and Transafam Power, to transforming Nigeria’s event and tourism space with the launch of the Transcorp Centre, we remain committed to unlocking Nigeria’s full economic potential.”
President and Group CEO, Owen Omogiafo, OON, also lauded the Group’s adaptability in the face of economic turbulence:
“Our Q2 performance demonstrates the strength of our operational strategy and our ability to adapt and thrive. We are not only scaling growth but reinforcing our leadership in key sectors that support national development. With strong fundamentals and disciplined execution, we will continue to deliver sustainable value.”
Transcorp Power and Transafam Power currently contribute over 20% of Nigeria’s installed power generation capacity, reinforcing the Group’s role as a key player in addressing Nigeria’s energy needs.
In the energy sector, Transcorp continues to build capacity through strategic assets like OPL281, a move aligned with national goals to boost local energy production.
The Group’s hospitality arm, Transcorp Hotels Plc, remains a market leader with flagship properties such as Transcorp Hilton Abuja and its growing digital platform, Aura by Transcorp Hotels, enabling tech-driven access to accommodation and experiences.
As Nigeria’s economy continues its recovery and transformation journey, Transcorp Group says it is well-positioned to consolidate gains and explore new growth frontiers across its core sectors.