Transcorp Hotels Post N22.4bn Pre-tax Profit For Q3

Transcorp Hotels Plc has released its unaudited results for the 3rd 4th ended September 30, 2025, showing a nett earlier taxation of N22.4 billion.

The Company’s results released connected the Nigerian Exchange Limited showed an outstanding show crossed cardinal metrics.

Revenue grew by 49 per cent to N72.31 cardinal from N48.49 cardinal successful Q3 2024. Cost of income went up to N17.255 cardinal arsenic against N14.156 cardinal successful 2024, portion gross nett stood astatine N55.058 cardinal from N34.330 cardinal successful 2024.

Profit earlier taxation roseate 36 per cent to N22.4 billion, from N16.44 cardinal successful Q3 2024. Net nett for the play amounted to N14.824 billion, higher than N10.240 cardinal successful 2024, portion net per stock roseate to N1.45 from N1.00 successful 2024.

Also, gross nett borderline expanded to 76 per cent, up from 71 per cent successful Q3 2024.
Transcorp Hotel said, “This beardown show reflects its sustained absorption connected operational excellence, outgo efficiency, and customer-centric innovation, reinforcing its enactment successful Nigeria’s hospitality sector.

“With a future-ready maturation strategy anchored connected sustainability and innovation, the Company continues to unlock exceptional worth for shareholders. The precocious commissioned 5,000-seat Transcorp Centre is accelerated positioning Nigeria arsenic Africa’s hub for world-class Meetings, Incentives, Conferences, and Exhibitions (MICE).”

Speaking connected the results, the president of Transcorp Hotels, Emmanuel Nnorom, said, “This awesome Q3 show underscores our time-tested strategy focused connected outgo discipline, operational efficiency, and putting the lawsuit astatine the bosom of everything we do. We stay committed to delivering sustainable profitability and semipermanent worth for our investors.”
The managing director/CEO of Transcorp Hotels, Uzo Oshogwe, added, “Our Q3 2025 results bespeak our unwavering thrust for excellence and our committedness to redefining hospitality successful Africa. With the occurrence of our recently commissioned 5,000-seat lawsuit centre, we are arrogant to beryllium positioning Nigeria arsenic the preferred destination for planetary conferences and events portion scaling sustainable worth for our shareholders.
“With its iconic hospitality assets and dedicated team, Transcorp Hotels continues to fortify its enactment successful the sector, mounting caller standards for growth, innovation, and work excellence.”