The top listed conglomerate in Nigeria, Transnational Corporation Plc, released its H1 unaudited results for the period ending June 30, 2025, which showed remarkable year-over-year growth.
Revenue in H1 2025 for Transcorp Group increased 59% from N175.4 billion in 2024 to N279.7 billion, while profit before taxes increased 21% to finish at N85.7 billion from N70.9 billion in H1 2024.
Nigeria’s flagship company, which has a portfolio that includes power, resources, and hotels, continues to provide for shareholders in spite of ongoing economic challenges. It also makes large investments in Nigerian infrastructure. The opening of Nigeria’s cutting-edge conference and events venue, the Transcorp Centre in Abuja, which has already played home to world leaders and significant regional gatherings, was one of the period’s noteworthy highlights.
One of the main characteristics is the extraordinary revenue growth: With a notable growth of N279.7 billion, Transcorp Group outperformed H1 2025 by 59% (compared to H1 2024’s N175.4 billion).
Profitability: With a 21% PBT rise of N85.7 billion in HI 2025 compared to N70.9 billion in the same period the previous year, Transcorp Group maintained its strong profitability trend.
Despite economic challenges, this performance witnessed a 47% increase in the gross profit margin.
Dividend: The firm has announced an interim dividend of N4.064 billion, or 40 kobo per ordinary share, subject to relevant withholding tax, in keeping with its commitment to providing value to shareholders.
“Achieving our impact-driven, value-creating mission, we continue to advance strategic investments across key sectors in Nigeria,” stated Tony O. Elumelu, chairman of Transnational Corporation Plc.
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“Transcorp Power and Transafam Power are revolutionizing Nigeria by continuously innovating to improve lives.” With the launch of the Transcorp Centre, Nigeria’s premier events venue, in Abuja, we are continuing to amaze our clients and reinvent our industry. Our expansion shows how robust and resilient our diversified company approach is.
“Achieving our strategic vision, rewarding our valued shareholders, and promoting the sustainable transformation of Nigeria’s economy are our top priorities.”
“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,” says Owen Omogiafo, President/Group Chief Executive Officer. Our capacity to adapt has allowed us to continuously provide value to our stakeholders while thriving in a dynamic business environment.
“We are establishing Nigeria as the hub for major conferences and events with our new 5,000-seat event center, which includes hosting the just ended AFREXIM Annual Meetings 2025. We keep looking for new and creative ways to quicken our growth trajectory and solidify our position as leaders in Nigeria’s energy, hospitality, and power industries.
