Transnational Corporation Plc (Transcorp Group) announced its unaudited Q3 2025 results, posting a pre‑tax profit of N38.81 billion – a 53.84 % year‑on‑year surge compared with the same quarter of 2024.
The cumulative nine‑month pre‑tax profit rose 18 % to N124.52 billion, sitting just 8 % shy of the full‑year 2024 figure.
Revenue for the quarter spiked 53.97 % to N133.76 billion, while the nine‑month top line grew 38.89 % to N413.44 billion, eclipsing the entire 2024 revenue.
Group President/CEO Dr. Owen Omogiafo said: “Transcorp Group’s Q3 2025 results demonstrate the successful execution of strategic direction, operational excellence, and portfolio‑wide efficiency.
“Driven by our core purpose to ‘Improve Lives and Transform Africa’, we continue to optimize our businesses to deliver superior stakeholder value.”
The strong performance was fueled mainly by the energy division, which contributed N270.91 billion – roughly 66 % of the nine‑month revenue.
Gross profit margin climbed to 49 % from 45 % a year earlier, while operating margin improved to 34.19 % versus 32.02 % in Q3 2024.
Net finance income jumped 68.01 % to N5.79 billion, reflecting better financial efficiency.
On the balance‑sheet side, total assets expanded 26 % to N940.89 billion, driven by a 157 % surge in financial‑asset investments to about N47 billion. Property, plant & equipment remained the biggest asset class at N318.99 billion.
Shareholders’ funds grew 13.94 % to N309.57 billion, and retained losses narrowed to N149.69 billion from N112.32 bn.
Borrowings fell to N80.05 billion from N88.51 bn, while trade and other payables stayed high at N357.61 billion (57 % of total liabilities).
At the close of trading on October 27, 2025, Transcorp’s share price edged down 0.5 % to N48.15, yet the stock has recorded a year‑to‑date gain of 10.1 %.
Author
Leave a comment