Transcorp Hotels’ Revenue Surges To N100bn In 2025, Grows Gross Profit By 49%

Transcorp Hotels Plc the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has posted a historic N97.04 billion revenue in the financial year 2025.

The Company, with a market capitalisation of N1.75 trillion, grew its revenue by 38 per cent compared to the same period in 2024, while gross profit increased by 50 per cent year-on-year.

According to the highlights of the results released by the company, on Friday, revenue increased 38 per cent year-on-year, from N70.13 billion (FY 2024) to N97,04 billion (FY 2025).

The result also reflected that performance was driven by robust demand in room bookings, conferencing, food and beverage services, and other ancillary offerings.

Further highlights showed that gross profit margin expanded to 77 per cent, from 71 per cent in FY 2024, driven by increased volumes, effective cost management, and operational efficiencies.

The company also increased operating profit to  N35.24 billion, up 35 per cent from N26.03 billion in FY 2024, while profit before tax rose by 45 per cent to N32.82 billion, from N22.61 billion in FY 2024.

Profit After Tax rose by 47 per cent to N21.85 billion from N14.90 billion in FY 2024.

The result also showed that earnings per share was N2.14, up from N1.46 in FY 2024

The company’s financial highlights reflected the following key performance indicators:

Total Assets: N159.91 billion, representing a 14 per cent increase from N140.70 billion in FY 2024. This growth reflects substantial investments in physical facilities, supporting our future growth trajectory.

Total Equity: N95.23 billion, an 18 per cent increase from N80.52 billion in FY 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.

Commenting on the results, board chair, Transcorp Hotels Plc, Dr Awele V. Elumelu, stated, “I am delighted with the FY 2025 performance of Transcorp Hotels Plc, led by . Uzoamaka Oshogwe. We have continued to strengthen the foundation of our company, with our growing asset base and equity–increasing by 14 per cent & 18 per cent 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.”

Commenting on the result, the managing director/CEO, Transcorp Hotels Plc, Uzoamaka Oshogwe, said; “Our full-year 2025 performance represents a major milestone, with record revenue of N97.04 billion and retained earnings rising sharply from N63.23 billion in FY 2024 to N77.53 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.”

Guided by a bold, future-focused vision, we continue to invest in transformative infrastructure, notably the 5,000-seat world-class Transcorp Centre, positioning Nigeria as a premier global convening destination for high-profile events, including the Afreximbank Annual Meetings, ECOWAS Summits and many more.

Looking ahead, we will continue to innovate and leverage cutting-edge technology to strengthen our brand and redefine hospitality standards across Africa.”

Transcorp Hotels Plc is the hospitality subsidiary of Transnational Corporation Plc, one of Africa’s leading listed companies, with strategic investments in the power, hospitality, and energy sectors. Transcorp Hotels is redefining hospitality standards in Africa through its businesses, including the iconic Transcorp Hilton Abuja, and the recently launched 5,000-seat capacity Transcorp Centre.