Transnational Corporation Plc (NGX: TRANSCORP) has announced its audited full-year 2025 results, reporting record financial performance across its business segments and surpassing the ₦1 trillion total assets mark for the first time in the Group’s history.
The diversified conglomerate, which has a combined market capitalisation of ₦4.78 trillion (approximately $3.54 billion) on the Nigerian Exchange, delivered strong year-on-year growth across key financial indicators.
Group revenue rose by 33 per cent to ₦544 billion, up from ₦408 billion in 2024. Profit Before Tax increased 31 per cent to ₦179.5 billion (2024: ₦136.7 billion), while Profit After Tax climbed 44 per cent to ₦135.9 billion, compared to ₦94.1 billion in the previous year.
Power and Hospitality Drive Growth
The Group’s power subsidiaries recorded a 38 per cent revenue growth to ₦483.97 billion, supported by improved generation capacity and enhanced gas supply.
Meanwhile, Transcorp Hotels Plc posted a 38 per cent rise in revenue to ₦97.04 billion, buoyed by strong performance across room bookings, conferencing services, food and beverage operations, and premium guest experiences.
Gross profit margin remained robust at 50.5 per cent, reflecting disciplined cost management, operational efficiency and strategic pricing initiatives.
Balance Sheet Strengthens
Total assets increased by 33 per cent to ₦1.002 trillion, while shareholders’ funds grew by 47 per cent to ₦353.4 billion. The Group also reduced total borrowings by 15 per cent to ₦75.5 billion, maintaining a conservative gearing ratio of 13 per cent.
Chairman Tony Elumelu described the results as “decisive,” attributing the performance to the Group’s diversified portfolio and disciplined execution strategy.
“In power, our integrated energy strategy is translating directly into measurable capacity growth and improved reliability,” he said, noting that Transcorp Power increased available capacity to 625MW, while TransAfam Power tripled peak generation capacity to 270MW.
He also highlighted the growing influence of the Group’s hospitality arm, stating that the Transcorp Centre Abuja is strengthening Nigeria’s ability to host large-scale global events.
President and Group CEO, Owen Omogiafo, described crossing the ₦1 trillion asset threshold as a defining milestone for the company.
“With 47 per cent growth in shareholders’ funds and sustained profitability, we have closed the year with strong momentum,” she said, reaffirming the Group’s commitment to long-term value creation and economic transformation.
Transcorp Group operates across power, hospitality and energy, positioning itself as a key player in Nigeria’s infrastructure and economic development landscape.