Transcorp (Transnational Corporation Plc), Africa’s leading listed conglomerate, delivered a 20.5% PAT increase, rising to ₦91.4 billion from ₦75.9 billion last year.
Meanwhile, the Group maintained a 48% gross margin by managing costs carefully, implementing strategic pricing, and improving operational efficiency across all units.
Transcorp Revenue And Segment Growth
As a result, revenue jumped 39% year-on-year, growing from ₦297.7 billion in Q3 2024 to ₦413.4 billion this year.
Consequently, Profit Before Tax climbed 18% to ₦124.5 billion, up from ₦105.5 billion in the same period last year.
All business units contributed to this success.
In particular, the power segment expanded capacity, while hospitality benefited from the 5,000-seat Transcorp Centre Abuja, boosting revenue.
Leadership And Strategic Vision
Furthermore, Chairman Tony O. Elumelu emphasised that these results showcase Nigeria’s economic potential and the value of a diversified portfolio.
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He explained: “Our portfolio gives investors direct access to Nigeria’s growth, while strategic investments strengthen our leadership across vital sectors.”
Elumelu also highlighted Transcorp’s dedication to national development.
“In power, we increase generation to reduce energy deficits and drive development.
In hospitality, we set new standards for excellence at Transcorp Centre Abuja,” he added.
Similarly, CEO Owen Omogiafo noted that the Group achieved these results through strong strategy execution and operational efficiency across its businesses.
She said, “Our Q3 performance reflects how our strategic approach and disciplined execution optimise businesses to deliver superior value while supporting national growth.”
Overall, Transcorp’s Q3 story demonstrates disciplined execution, strategic expansion, and resilience, reinforcing its leadership in Nigeria’s corporate landscape.
