Africa’s leading listed conglomerate, Transnational Corporation Plc, has announced its unaudited financial results for the third quarter of 2025, recording a 20.5 per cent increase in profit after tax (PAT) to N91.4 billion compared to N75.9 billion in the same period of 2024.
The Group maintained a strong gross profit margin of 48 per cent, reflecting disciplined cost management, strategic pricing and unwavering focus on operational efficiency across all business units.
The group recorded a 39 percent year-on-year increase in revenue, from ₦297.7 billion in Q3 2024 to ₦413.4 billion in Q3 2025. Profit before tax (PBT) also increased by 18 percent to ₦124.5 billion, up from ₦105.5 billion recorded in the same period last year. Transcorp's performance underlines its continued growth path, supported by a flexible business strategy and operational excellence across its subsidiaries. All operating units delivered significant growth, particularly in power generation, where the Group expanded capacity at its plants, and in hospitality, where the addition of the 5,000-capacity Transcorp Center Abuja boosted revenue flows.
Commenting on the results, Transcorp Group Chairman Tony O. Elumelu said the strong earnings performance highlights the immense opportunities within the Nigerian economy. “Our diverse portfolio continues to provide investors access to the key drivers of Nigeria's growth potential. As the macroeconomic environment improves, the Group is well-positioned to take advantage of Nigeria's extraordinary opportunities. We are executing our impact-driven mandate through strategic investments that strengthen our leadership in key sectors. Our diversified model continues to demonstrate resilience and generate significant value Is,” he said.
Elumelu further said that Transcorp's commitment to national development remains strong, especially through power generation and hospitality. “In power, we are addressing Nigeria's energy shortfall by increasing capacity at our plants, empowering Nigerians and driving growth. In hospitality, we are redefining excellence with the historic Transcorp Center Abuja, setting new standards for world-class events. We are focused on delivering superior shareholder returns and driving Nigeria's long-term transformation. Are,” he said.
Speaking on the results, Transcorp Group President/Group CEO Owen Omogiafo said the company’s performance reflects successful strategy implementation and operational excellence. “Transcorp Group's Q3 2025 results demonstrate the success of our strategic direction and our commitment to efficiency across the portfolio. Driven by our purpose of 'improving lives and transforming Africa', we continue to optimize our businesses to deliver superior stakeholder value. As Nigeria's leading group, with a disciplined approach to corporate strategy, we look forward to the future with strength and sustained momentum.” Ready to end the year. We provide investors with unparalleled access to the Nigerian economy, delivering sustainable returns for shareholders while promoting national development,” she said.
