Transnational Corporation Plc (Transcorp Group), one of Nigeria’s leading conglomerates, has announced strong unaudited results for the first half (H1) of 2025, reporting a 59% year-on-year revenue growth and declaring an interim dividend of N4.064 billion for shareholders.
According to the company’s financial statement for the period ended June 30, 2025, revenue rose sharply to N279.7 billion from N175.4 billion in H1 2024.
Profit before tax also increased by 21%, reaching N85.7 billion compared to N70.9 billion in the same period last year. The Group recorded a gross profit margin of 47%, underscoring its resilience amid ongoing economic challenges.
In recognition of its strong performance, the company announced an interim dividend of 40 kobo per share, subject to applicable withholding tax.
Chairman of Transcorp Group, Tony Elumelu, CFR, attributed the growth to the Group’s impact-driven and value-creating investments across key sectors of the Nigerian economy.
“In power, Transcorp Power and Transafam Power increasingly innovate to improve lives. In hospitality, we continue to delight our clients and redefine the sector, with the launch of the Transcorp Centre in Abuja, a state-of-the-art event venue that recently hosted the AFREXIM Annual Meetings 2025,” Elumelu said.
President and Group CEO, Owen Omogiafo, OON, said the results reflect the company’s operational excellence and adaptability in a dynamic economic environment. “Our performance in Q2 2025 reinforces the strength of our strategy and our ability to consistently deliver value to stakeholders,” she noted.
The new 5,000-seat Transcorp Centre is expected to position Nigeria as a premier destination for large-scale regional and global events.
Transcorp Group maintains strategic investments in power, hospitality, and energy. Its subsidiaries, Transcorp Power Plc and Transafam Power, currently generate over 20% of Nigeria’s installed power capacity.
Its hospitality arm, Transcorp Hotels Plc, operates the flagship Transcorp Hilton Abuja and the Aura by Transcorp Hotels digital platform.