Transnational Corporation Plc reported record full-year 2025 results with profit before tax rising to N179.5 billion, reflecting stronger operating performance across its power, hospitality, and energy businesses.
According to the group’s unaudited financial statement, profit before tax grew 31 percent while profit after tax increased 44 percent to N135.9 billion, supported by operational efficiency, cost discipline, and pricing optimisation that kept gross margin at 50.5 percent.
Total assets surpassed N1 trillion for the first time, climbing 33 percent from N751 billion, while shareholders’ funds rose 47 percent to N353.4 billion due to retained earnings growth and improved capital strength. Total borrowings declined 15 percent to N75.5 billion, resulting in a gearing ratio of 13 percent, indicating lower leverage and stronger financial flexibility.
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Owen Omogiafo, president and group chief executive officer, said crossing the N1 trillion asset threshold validates investor confidence and reflects the resilience of the group’s platform. She added that the company ended the year with solid momentum and remains focused on delivering returns while supporting economic development.
Revenue rose 33 percent to N544 billion from N408 billion in 2024, driven by higher generation output, improved gas supply to power plants, and increased demand across its hospitality portfolio. The power segment remained the largest contributor, with revenue from subsidiaries increasing 38 percent to N483.97 billion due to higher generation capacity and fuel supply reliability.
Hospitality subsidiary Transcorp Hotels Plc recorded revenue growth of 38 percent to N97.04 billion as demand increased across rooms, conferences, food and beverage services, and premium offerings.
Tony O. Elumelu, chairman, Transnational Corporation Plc described the results as “decisive,” noting they demonstrate the strength of the company’s diversified portfolio and long-term investment strategy.
“Our 2025 results are not just strong — they are decisive. They reflect the power of a deliberately diversified portfolio, disciplined execution, and our unwavering belief in Nigeria’s long-term potential. Across power, hospitality, and energy, we are building platforms that deliver both commercial returns and social impact.
“In power, our integrated energy strategy is translating directly into measurable capacity growth and improved reliability. Transcorp Power increased available capacity to 625MW, while TransAfam Power tripled peak generation capacity to 270MW. These are not incremental gains; they are structural contributions to Nigeria’s energy security and industrial competitiveness.
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“In hospitality, we continue to set the standard for excellence. The Transcorp Centre Abuja is redefining Nigeria’s capacity to host global events at scale and positioning our group to capture significant future growth,” he said.
In the company’s corporate disclosure, a final dividend of N1.60 kobo per ordinary share, subject to shareholders’ approval and appropriate withholding tax deduction, will be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday, May 1, 2026.
The statement added that when combined with the interim dividend of 40 kobo per share paid on August 19, 2025, will bring the total dividend for the 2025 financial year to N2.00 per ordinary share.
“On Tuesday, May 19, 2026, dividends will be paid electronically to shareholders whose names appear on the Register of Members as of Friday, May 1, 2026, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts,” it added.
African Stock Exchange data, a market analytics platform, disclosed that Transcorp is currently the 30th most valuable stock on the NGX with a combined market capitalisation of N4.78 billion.
The company began the year with a share price of N45.40 and has since gained 21.2 percent on that price valuation, ranking it 70th on the NGX in terms of year-to-date performance. Currently, its stock is trading at N55 per share on the stock exchange.
