Transcorp Group Announces Further Impressive Financial Results Q3 2024 Figures Reveal 133% Revenue Growth and 303% Surge in Profits
Lagos, Nigeria – October 27, 2024 Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, has reported its financial results for the third quarter ending September 30, 2024, showcasing remarkable year-on-year growth. The Group’s Q3 2024 unaudited results demonstrate strength across key financial performance measures, highlighting the success of its growth-driven strategy. In Q3 2024, […]
Transcorp Plc Completes Share Capital Reconstruction to Enhance Shareholder Value
Lagos, Nigeria – Monday, October 28, 2024 Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, has announced the successful completion of its share reconstruction, a strategic action aimed at maximising long-term shareholders’ value. The share reconstruction involved a consolidation of the total number of issued shares at a ratio of 1 to 4, reducing […]
Transcorp Group Champions Nigeria’s Energy Future at the 2024 Nigeria Energy Summit
At the recently concluded 2024 Nigeria Energy Summit, Transcorp Group reaffirmed its leadership in shaping the future of Nigeria’s energy sector, with two of its key executives driving the conversation on building infrastructure for gas-to-power projects. Vincent Ozoude, MD/CEO of Transafam Power Limited, and Christopher Ezeafulukwe, MD/CEO of Transcorp Energy Limited, were at the forefront of discussions aimed at tackling […]
Transcorp Power Plc Reports Strong Q3 2024 Performance, with 153% Revenue Growth and 198% Increase in Profits
Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, demonstrating remarkable growth across the business. In its Q3 2024 unaudited results filed with the Nigerian Exchange (NGX), Transcorp Power reported revenue of N223.6 billion, representing a significant […]
Transcorp Group Kicks Off Batch 2 of the Intern X Program
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, announced the launch of Batch 2 of the Transcorp Intern X Program, aimed at promoting the next generation of leaders in the power sector. Building on the success of Batch 1, which saw the enrollment of 12 talented participants, the program has expanded its reach and […]
Transcorp Power Plc Announces Appointment of New Non-Executive Director Lagos, Nigeria, August 07, 2024
Transnational Corporation Plc (Transcorp) wishes to notify the investing public that our subsidiary, Transcorp Power Plc has announced the appointment of Mr. Christopher Ezeafulukwe as a Non-Executive Director to its Board of Directors. Mr. Ezeafulukwe is a highly accomplished professional with over 20 years of executive management experience spanning multiple sectors, including power, oil and […]
Transcorp Group Delivers Outstanding Half Year Returns
Grows Revenue by 114%, PBT by 283%, and Shareholders’ Funds by 25%, Declares Interim Dividend of 10k per Share Lagos, Nigeria – Friday, July 26, 2024 Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, reported its Half-Year (H1) 2024 unaudited results, showing impressive year-on-year growth, for the period ended June 30, 2024. The Group’s […]
AEDC PARTNERS WITH TRANSAFAM POWER
AEDC Partners with Transafam Power to Deliver 50MW Embedded Power Generation to Abuja’s Idu Commercial Hub Further Important Progress in Transcorp’s Integrated Energy Strategy The Abuja Electricity Distribution Company (AEDC) signed a Memorandum of Understanding (MOU) with Transafam Power yesterday, to implement a groundbreaking 50MW embedded power generation project for the Idu Commercial Hub in […]
Transcorp Group Companies Shine as Part of the Most Valuable Companies in Nigeria
Transcorp Power Plc and Transcorp Hotels have been recognized among the most valuable companies in Nigeria, reflecting their significant contributions to the Nigerian economy and their leadership within their respective industries. Transcorp Power Plc Transcorp Power Plc has secured its position as one of Nigeria’s top companies by market capitalization, coming in at an impressive […]
Transcorp Group Announces N142 Billion Revenue, N58.8 billion PBT, and Celebrates 10 year’s unbroken Dividend payment, at 18th Annual General Meeting
Lagos, May 27, 2024: Transnational Corporation Plc (Transcorp Group or the Group), Nigeria’s leading listed conglomerate, announced 57% revenue growth, from N90.3 billion in 2022 to N142.1 billion in 2023, at its 18th Annual General Meeting (AGM), held on Monday, May 27, 2024, at the Transcorp Hilton Hotel, Abuja. The Company’s outstanding financial results were […]