Transnational Corporation Plc (“Transcorp Group”) (NGX: TRANSCORP), Nigeria’s main listed conglomerate, has introduced its unaudited monetary outcomes for the 9 months ended 30 September 2026, delivering robust profitability, an expanded profit-before-tax margin and a considerably strengthened balance sheet.
Financial Highlights
- Revenue: ₦357.4 billion (9M 2025: ₦412.4 billion)
- Profit Before Tax: ₦111.4 billion (9M 2025: ₦124.5 billion)
- Profit After Tax: ₦75.1 billion (9M 2025: ₦91.4 billion)
- Earnings Per Share: 429 kobo (9M 2025: 534 kobo)
- Total Assets: ₦1.13 trillion (December 2025: ₦1.00 trillion)
- Total Equity: ₦387.8 billion (December 2025: ₦353.4 billion)
The Group delivered a Profit Before Tax of ₦111.4 billion and a Profit After Tax of ₦75.1 billion, and expanded its profit-before-tax margin to 31.2% from 30.2% in the corresponding interval of 2025, reflecting disciplined value administration and operational effectivity throughout its companies. Revenue of ₦357.4 billion mirrored decrease energy evacuation at Transcorp Power Plc, as industry-wide transmission and gasoline provide constraints restricted output in the course of the interval.
Performance throughout the portfolio underscored the standard of the Group’s working companies. Transcorp Power Plc grew shareholders’ funds by 8.9% to ₦199.8 billion and elevated money and money equivalents greater than fourfold to ₦10.3 billion. Transcorp Hotels Plc grew Profit After Tax by 5% to ₦15.5 billion, expanded its web profit margin to 22.3% and lowered web finance value by 36%, whereas its whole belongings rose by 29% to ₦206.8 billion.
The Group’s hospitality portfolio, Transcorp Hotels Plc, maintained its place as Nigeria’s foremost hospitality vacation spot, attracting enterprise leaders, dignitaries and worldwide guests by means of its iconic 670-room Transcorp Hilton Abuja and the 5,000-capacity Transcorp Centre, the nation’s largest multipurpose occasion venue.
Management Commentaries
President/GCEO, Transnational Corporation Plc, Owen D. Omogiafo, OON, commented:
“Our efficiency displays the energy of our diversified portfolio and our potential to maintain robust profitability and broaden margins in a difficult working surroundings.
We proceed to work carefully with stakeholders to handle industry-wide constraints and enhance electrical energy supply, whereas leveraging our hospitality investments to strengthen Nigeria’s place as a vacation spot for enterprise, tourism and main occasions.
Across our companies, we stay targeted on unlocking alternatives for progress, deepening our contribution to Nigeria’s economic system and delivering on our function to enhance lives and remodel Africa.”
Group Chief Finance Officer, Transnational Corporation Plc, Festus Izevbizua, commented:
“Our nine-month efficiency underscores the energy and resilience of the Group’s underlying companies. Year-on-year income was impacted by energy evacuation constraints arising from vandalisation of transmission and gasoline infrastructure. Notwithstanding this, the Group expanded its profit-beforetax margin to 31.2%, from 30.2% in the prior interval, a direct results of deliberate value optimisation and operational effectivity throughout our companies.
“Our financial position also strengthened considerably over the period. Total assets grew by 13% to ₦1.13 trillion, driven by improved receivables, investments in financial assets and stronger cash generation. Total equity rose by 9.7% to ₦387.8 billion, reinforcing the Group’s robust capital base, while cash and cash equivalents more than doubled to ₦45.9 billion from ₦21.9 billion at December 2025, enhancing liquidity and providing greater financial flexibility to pursue strategic priorities.”
Looking forward, Transcorp Group stays targeted on advancing strategic alternatives throughout its energy, hospitality and power companies, leveraging its diversified portfolio and monetary energy to assist long-term progress and sustainable shareholder worth.
About Transnational Corporation
Transnational Corporation Plc (Transcorp Group) is considered one of Africa’s main listed conglomerates, with strategic investments in the facility, hospitality, and power sectors, pushed by its mission to enhance lives and remodel Africa.
Transcorp’s energy companies, Transcorp Power Plc and Transafam Power, present about 20% of Nigeria’s put in energy capability. Transcorp is dedicated to growing Nigeria’s home power worth chain by means of its investments in OPL281. The Group’s hospitality enterprise, Transcorp Hotels Plc, owns the enduring Transcorp Hilton Abuja, Nigeria’s flagship hospitality vacation spot and Nigeria’s largest occasion venue, the Transcorp Centre Abuja.
