Transnational Corporation Plc has reported a strong financial performance for the third quarter of 2025, posting a revenue of N413.4bn, representing a 39 per cent year-on-year increase from the N297.7bn recorded in the same period of 2024.

According to its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2025, filed on the Nigerian Exchange Limited on Monday, the company’s profit before tax rose 18 per cent to N124.5bn, up from N105.5bn in the corresponding period last year, while profit after tax climbed 20.5 per cent to N91.4bn compared to N75.9bn in 2024.

The group attributed the performance to its business strategy, expansion in power generation capacity, and growth in hospitality earnings following the inclusion of the new 5,000-capacity Transcorp Centre in Abuja.

Chairman of Transcorp Group, Tony Elumelu, said the results reflect the opportunities in Nigeria’s economy and the company’s ability to create sustainable value through diversification.

“Transcorp’s robust revenue and earnings delivery demonstrate the opportunity in the Nigerian economy. Our diversified portfolio continues to offer investors access to key drivers of growth. As the macroeconomic climate improves, the group is well-positioned to take advantage of Nigeria’s extraordinary potential,” he said.

Elumelu added that the company’s operations in the power and hospitality sectors remain central to its mission of driving national development and creating long-term shareholder value.

On her part, the President and Group Chief Executive Officer of Transcorp Plc, Owen Omogiafo, said the performance underscores the successful execution of the group’s strategy and operational excellence.

“Transcorp Group’s Q3 2025 results demonstrate our focus on efficiency and value creation. We are positioned to finish the year strong while delivering sustainable returns for our shareholders,” Omogiafo said.