…crosses N1trn total assets milestone first time in history
Transnational Corporation Plc has released its audited Full Year 2025 results for the year ended December 31, 2025.
The Africa’s leading listed conglomerate with strategic investments in power, hospitality and energy delivered record financial performance across all business lines and crossing the N1 trillion total assets milestone for the first time in the Group’s history.
The group’s share price has risen this year by 21.15 percent, as evidenced in Wednesday’s close at N55 per share. The stock price had reached 52-week high of N57 as against a 52-week low of N39.6.
The scorecard…
The Group, with a combined market capitalisation of N4.78 trillion ($3.54 billion) on the Nigerian Exchange, recorded strong year-on-year growth across all key metrics. Revenue increased by 33 percent to N544 billion (FY 2024: N408 billion). Profit Before Tax rose 31percent to N179.5 billion (FY 2024: N136.7 billion), while Profit After Tax surged 44 percent to N135.9 billion (FY 2024: N94.1 billion).
Gross profit margin sustained at 50.5 percent, reflecting disciplined cost control, operational efficiency, and strategic pricing. Total assets crossed N1 trillion, rising 33 percent to N1.002 trillion. Shareholders’ Funds increased 47 percent to N353.4 billion. Total borrowings reduced 15 percent to N75.5 billion, with a healthy gearing ratio of 13 percent.
Key highlights…
The group’s revenue of N544 billion increased by 33 percent year-on-year, power subsidiaries’ revenue grew 38 percent to N483.97 billion, driven by enhanced generation capacity and improved gas supply. Transcorp Hotels Plc revenue increased 38 percent to N97.04 billion, supported by strong demand across rooms, conferencing, food & beverage, and premium guest experiences
Chairman speaks…
Tony Elumelu, chairman, Transnational Corporation Plc said “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.
“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. We remain focused on one outcome: sustainable, long-term value creation. For our shareholders. For our partners. And for Nigeria’s economic transformation,” he added.
CEO comments…
Owen Omogiafo, president/Group CEO, “Transcorp Group’s FY 2025 performance reflects disciplined strategy execution and operational excellence across our portfolio. Crossing the N1 trillion total assets milestone is a defining achievement—a validation of the strength of our platform and the confidence of our investors”.
“With 47 percent growth in Shareholders’ Funds and sustained profitability, we have closed the year with strong momentum. Guided by our purpose to ‘Improve Lives and Transform Africa,’ we continue to optimise our businesses to deliver superior stakeholder value. We provide investors with structured access to the Nigerian growth story and remain firmly committed to delivering sustainable returns while advancing broader economic development,” she added.
Transnational Corporation proposes a final dividend of N1.60 kobo per ordinary share, subject to shareholders’ approval and appropriate withholding tax deduction, which will be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday, May 1, 2026.
This final dividend, 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 per ordinary share.
