Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost conglomerate, has announced financial results for its second quarter ended June 30, 2017, showing significant growth in key financial indicators. The company recorded N4.2bn as profit after tax (PAT) for the half-year ended 30th of June 2017, translating into 134 per cent growth compared to the loss of N12.19bn…
Transnational Corporation of Nigeria Plc (Transcorp), a leading Nigerian conglomerate, has announced financial results for its first quarter ended March 31, 2017. In the result, the Group’s total revenue increased from N13.2 billion to N15.8 billion, representing a 20% increase when compared to the Group’s performance in the corresponding period of 2016. Also, the gross…
Transnational Corporation of Nigeria (Transcorp) was on the list of Africa’s top 500 companies recently released by The Africa Report (February 2017 issue), a leading news magazine publication owned by Paris-based media group, Jeune Afrique. The list is compiled annually with each company listed assessed based on total turnover as well as net profits. Despite…
……Chairman Elumelu states “Transcorp will light up Nigeria” At the 11th Annual General Meeting of Transnational Corporation of Nigeria Plc (Transcorp), the Board of Directors confirmed their confidence in Transcorp’s growth trajectory and affirmed the Company’s commitment to increasing yield and returns to shareholders, while continuing its significant capital investment strategy. Despite the difficult economic…
Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost investment conglomerate has announced its audited 2015 Financial Results. The Group posted a profit before tax of N3.3bn for the period under review. Transcorp Group Operating Profit went up by 11% from N14bn in 2014 FY to N15bn. Its posted turnover of N40.8bn and profit before tax…