From Victor Osula, Abuja
Transnational Corporation Plc (Transcorp Group), one of Africa’s foremost listed conglomerates, has reported a robust financial performance for the third quarter of 2025, reflecting its resilience, innovation, and strategic diversification across multiple sectors.
According to its unaudited Q3 financial results released on Monday, the Group recorded a 39% year-on-year increase in revenue, rising from N297.7 billion in Q3 2024 to N413.4 billion in Q3 2025. The impressive growth was largely driven by increased power generation capacity and expansion within its hospitality segment.
Profit Before Tax (PBT) also rose by 18 percent, closing at N124.5 billion, compared to N105.5 billion recorded during the same period in 2024.
Profit After Tax climbed by 20.5 percent, reaching N91.4 billion, a clear indication of strong operational efficiency and sustained profitability.
The Group maintained a gross profit margin of 48 percent, underscoring disciplined cost management and strategic pricing across its power, energy, and hospitality units. Transcorp said the result demonstrates its ability to generate consistent value despite macroeconomic challenges.
The Chairman of Transcorp Group, Tony O. Elumelu, described the company’s performance as evidence of the opportunities that exist within the Nigerian economy, adding that Transcorp remains committed to driving growth and transforming key sectors.
“Transcorp’s robust revenue and earnings delivery demonstrates the opportunity in the Nigerian economy. Our diversified portfolio continues to offer investors access to key drivers of Nigeria’s growth. As the macroeconomic climate improves, the Group is well-positioned to take advantage of Nigeria’s extraordinary potential”, he stated.
Elumelu noted that Transcorp’s investments in power generation and distribution continue to address Nigeria’s energy deficit, thereby propelling industrialisation and economic advancement.
“We increased our power generation capacity at all our plants and remain committed to powering Nigerians out of poverty”, he added.
On the hospitality front, Elumelu highlighted the landmark Transcorp Centre Abuja, a 5,000-capacity venue, as a key driver of growth, adding that it has redefined standards for world-class events and tourism excellence in Nigeria.
President and Group Chief Executive Officer of Transcorp Plc, Dr Owen Omogiafo, OON, attributed the Group’s Q3 success to strategic execution, operational excellence, and a disciplined approach to value creation.
“Transcorp Group’s Q3 2025 results demonstrate the successful execution of our strategic direction, operational excellence, and portfolio-wide efficiency. We remain driven by our core purpose to ‘Improve Lives and Transform Africa’, and we are confident of finishing the year with strength and momentum”, Omogiafo said.
She emphasised that Transcorp’s diversified model has continued to prove resilient, offering investors unique exposure to Nigeria’s economy and delivering sustainable returns despite market headwinds.
“Our disciplined approach to corporate strategy and efficiency across business lines positions us for continued growth. We are committed to creating long-term value for our shareholders while contributing meaningfully to Nigeria’s economic transformation”, Omogiafo added.
Transnational Corporation Plc (Transcorp Group) is one of Africa’s leading, listed conglomerates, with strategic investments in the power, hospitality, and energy sectors, driven by its mission to improve lives and transform Africa.
Transcorp’s power businesses, Transcorp Power Plc and Transafam Power, provide over 20% of Nigeria’s installed power capacity. Transcorp is committed to developing Nigeria’s domestic energy value chain through its investments in OPL281. The Group’s hospitality business, Transcorp Hotels Plc, owns the iconic Transcorp Hilton Abuja, Nigeria’s flagship hospitality destination and Nigeria’s largest event venue, the Transcorp Centre Abuja.
