Transnational Corporation Plc, Africa’s leading listed conglomerate, has announced its unaudited financial results for the third quarter of 2025, recording a 20.5 percent rise in Profit After Tax (PAT) to N91.4 billion, compared to N75.9 billion in the same period of 2024.
The Group maintained a strong gross profit margin of 48 percent, reflecting disciplined cost management, strategic pricing, and an unwavering focus on operational efficiency across all business units.
The conglomerate posted a 39 percent year-on-year increase in revenue, rising from ₦297.7 billion in Q3 2024 to ₦413.4 billion in Q3 2025. Profit Before Tax (PBT) also grew by 18 percent to ₦124.5 billion, up from ₦105.5 billion recorded in the corresponding period last year. Transcorp’s performance underscores its sustained growth trajectory, supported by a resilient business strategy and operational excellence across its subsidiaries. All operating units delivered significant growth, particularly in power generation, where the Group expanded capacity at its plants, and in hospitality, where the addition of the 5,000-capacity Transcorp Centre Abuja boosted revenue streams.
Commenting on the results, Tony O. Elumelu, chairman of Transcorp Group, said the robust earnings performance highlights the immense opportunities within the Nigerian economy. “Our diversified portfolio continues to offer investors access to the key drivers of Nigeria’s growth potential. As the macroeconomic climate improves, the Group is well-positioned to take advantage of Nigeria’s extraordinary opportunities. We are executing our impact-driven mandate through strategic investments that strengthen our leadership in vital sectors. Our diversified model continues to demonstrate resilience and generate significant value,” he stated.
Elumelu further noted that Transcorp’s commitment to national development remains strong, particularly through power generation and hospitality. “In power, we are closing Nigeria’s energy deficit by increasing capacity across our plants, empowering Nigerians, and driving development. In hospitality, we are redefining excellence with the landmark Transcorp Centre Abuja, setting new standards for world-class events. We remain focused on delivering superior shareholder returns and driving Nigeria’s long-term transformation,” he added.
Also speaking on the results, Owen Omogiafo, president/Group CEO of Transcorp Group, said the company’s performance reflects successful strategy execution and operational excellence. “Transcorp Group’s Q3 2025 results demonstrate the success of our strategic direction and our commitment to efficiency across the portfolio. Driven by our purpose to ‘Improve Lives and Transform Africa,’ we continue to optimise our businesses to deliver superior stakeholder value. As Nigeria’s leading conglomerate, with a disciplined approach to corporate strategy, we are positioned to end the year with strength and sustained momentum. We offer investors unique access to the Nigerian economy, delivering sustainable returns for shareholders while championing national growth,” she stated.
