Published
2 months agoon
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Transcorp Hotels Plc (“Transcorp Hotels” or “the Company”) (NGX: TRANSCOHOT), the hospitality subsidiary of Transnational Corporation Plc (“Transcorp Group”) has posted a historic ₦97.04 billion revenue in 2025.
The company, with a market capitalisation of N1.75 trillion, grew its revenue by 38% compared to the same period in 2024 while gross profit increased by 50% year-on-year.
Revenue increased by 38% year-on-year, from ₦70.13 billion (FY 2024) to ₦97.04 billion driven by robust demand in room bookings, conferencing, food and beverage services, and other ancillary offerings.
Gross Profit Margin expanded to 77%, from 71% in FY 2024, driven by increased volumes, effective cost management, and operational efficiencies.
Profit Before Tax rose by 45% to ₦32.82 billion, from ₦22.61 billion in 2024 while Profit After Tax was ₦21.85 billion (up 47% from ₦14.90 billion in FY 2024).
Total Assets moved to ₦159.91 billion, representing a 14% increase from ₦140.70 billion in 2024.
Total Equity was ₦95.23 billion, an 18% increase from ₦80.52 billion in 2024, driven by strong operational performance and continued commitment to reinvesting to enhance shareholder value, while maintaining the policy of rewarding our valued shareholders through regular dividend distributions.
Board Chair, Transcorp Hotels Plc, Dr Awele V. Elumelu, OFR, said: “I am delighted with the FY 2025 performance of Transcorp Hotels Plc, led by Mrs. Uzoamaka Oshogwe.
“We have continued to strengthen the foundation of our company, with our growing asset base and equity–increasing by14% & 18% respectively–positioning us for the future.
“We will continue to be focused on driving operational excellence and business growth, whilst exploring new avenues for sustainable long-term value creation for all.”
Managing Director/CEO, Transcorp Hotels Plc, Uzoamaka Oshogwe, said: “Our full-year 2025 performance represents a major milestone, with record revenue of ₦97.04 billion and retained earnings rising sharply from ₦63.23 billion in FY 2024 to ₦77.5S3 billion, further enhancing our financial resilience and long-term growth capacity. Our success results from disciplined operational efficiency, strong cost management, and most importantly, our exceptional team’s commitment to service excellence.”
