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•Declares N4.06bn interim dividend
Transnational Corporation Plc (“Transcorp Group” or the “Company”) (NGX: TRANSCORP), one of Nigeria’s leading listed conglomerate, has announced its unaudited results for the half-year ended June 30, 2025, recording strong year-on-year growth despite economic headwinds.
The Group’s revenue for the first half of 2025 surged by 59 percent to N279.7 billion, up from N175.4 billion in the same period of 2024. Profit before tax also grew by 21 percent, reaching N85.7 billion compared to N70.9 billion recorded in H1 2024. The company’s gross profit margin rose to 47 percent, underscoring its operational efficiency and resilience.
In line with its commitment to delivering value to shareholders, Transcorp has declared an interim dividend of N4.064 billion, representing 40 kobo per ordinary share, subject to applicable withholding tax.
Commenting on the performance, Chairman of Transcorp Group, Tony Elumelu, said: “Delivering on our impact-driven, value-creating mission, we continue to advance strategic investments across key sectors in Nigeria. In power, Transcorp Power and Transafam Power increasingly innovate to improve lives, transforming Nigeria. In hospitality, we continue to delight our clients and redefine our sector, not least with the opening in Abuja of the Transcorp Centre, Nigeria’s superlative events centre. Our growth demonstrates the resilience and strength of our diversified business model.
We remain dedicated to achieving our strategic vision, rewarding our valued shareholders, and driving the sustainable transformation of Nigeria’s economy.”
President/Group Chief Executive Officer, Owen Omogiafo, also commended the company’s performance: “The Q2 2025 financial performance reflects our firm commitment to operational excellence and the resilience inherent in our corporate strategy, which has further enhanced our capacity to effectively navigate challenges. This adaptability has enabled us to thrive within a dynamic business landscape while consistently delivering value to our stakeholders.
With our new 5,000-seat capacity event centre, we are positioning Nigeria as the epicentre of high-scale conferences and events, including hosting the recently concluded AFREXIM Annual Meetings 2025. We continuously explore innovative ways to further accelerate our growth trajectory while strengthening our leadership in Nigeria’s power, hospitality, and energy sectors.”
Transnational Corporation has strategic investments in the power, hospitality and energy sectors. Its power subsidiaries, Transcorp Power Plc and Transafam Power, provide over 20 percent of Nigeria’s installed power capacity. Through its hospitality arm, Transcorp Hotels Plc, the Group owns the iconic Transcorp Hilton Abuja and has launched the digital platform Aura by Transcorp Hotels. Transcorp is also committed to expanding Nigeria’s domestic energy value chain through its investment in OPL281.
