Tag: Emmanuel Nnorom

Transcorp Hotels delivers record performance, revenue up by 47%

Apr 3, 2023

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by

Ediri Oyibo

in Business

Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has reported a profit before tax (PBT) of N4.5 billion, representing a 172 percent rise year-on-year, compared to a Profit Before Tax of N1.7 billion in 2021. The Company also reported a 47 percent growth in revenue to N31.4 billion in 2022.