Transcorp Group Declares N136bn Net Profit As Revenue Rises By 33% to N544bn

Transnational Corporation Plc (Transcorp Group) has achieved a profit after tax of N136 trillion for the financial year ending December 2025.

The Company, in its audited results released on the Nigerian Exchange Limited, delivered record financial performance across all business lines and crossed the N1 trillion total assets milestone for the first time in the Group’s history.

Also, the Company declared a final dividend of N1.60 per share, amounting to N16.259 billion. This, when combined with the interim dividend of 40 kobo per share paid on August 19, 2025, will bring the total dividend for the 2025 financial year to N2.00 per share, amounting to N20.324 billion.

The Group, with a combined market capitalisation of N4.78 trillion on the Nigerian Exchange, recorded strong year-on-year growth across all key metrics. Revenue increased by 33 per cent to N544 billion from N408 billion in the full year 2024.

Power subsidiaries’ revenue grew by 38 per cent to N483.97 billion, driven by enhanced generation capacity and improved gas supply, while Transcorp Hotels Plc revenue increased 38 per cent to N97.04 billion, supported by strong demand across rooms, conferencing, food & beverage, and premium guest experiences.

Profit before tax rose by 31 per cent to N179.5 billion, compared to N136.7 billion in 2024, while profit after tax surged 44 per cent to N135.9 billion, compared to N94.1 billion in 2024.

Speaking on the results, the chairman of Transnational Corporation, Tony Elumelu, said that “our 2025 results are not just strong, they are decisive. They reflect the power of a deliberately diversified portfolio, disciplined execution, and our unwavering belief in Nigeria’s long-term potential. Across power, hospitality and energy, we are building platforms that deliver both commercial returns and social impact.”

He noted that “in power, our integrated energy strategy is translating directly into measurable capacity growth and improved reliability. Transcorp Power increased available capacity to 625MW, while TransAfam Power tripled peak generation capacity to 270MW. These are not incremental gains; they are structural contributions to Nigeria’s energy security and industrial competitiveness.

“In hospitality, we continue to set the standard for excellence.

The Transcorp Centre Abuja is redefining Nigeria’s capacity to host global events at scale and positioning our Group to capture significant future growth.”

Elumelu stated that “we remain focused on one outcome: sustainable, long-term value creation. For our shareholders. For our partners. And for Nigeria’s economic transformation.”

President/Group CEO of Transnational Corporation, Dr Owen Omogiafo added that “Transcorp Group’s full year 2025 performance reflects disciplined strategy execution and operational excellence across our portfolio. Crossing the N1 trillion total assets milestone is a defining achievement, a validation of the strength of our platform and the confidence of our investors.

“With 47 per cent growth in shareholders’ funds and sustained profitability, we have closed the year with strong momentum. We provide investors with structured access to the Nigerian growth story and remain firmly committed to delivering sustainable returns while advancing broader economic development.”

Transnational Corporation is one of Africa’s leading listed conglomerates, with strategic investments in power, hospitality and energy, driven by its mission to improve lives and transform Africa.