Transnational Corporation of Nigeria Plc has delivered a strong financial performance for the 2025 financial year, posting a profit before tax of ₦179.5 billion, up from ₦136.7 billion recorded in the previous year. Profit after tax rose to ₦135.9 billion, reflecting sustained growth across the Group’s power, energy and hospitality businesses.
The Group’s audited results showed that total revenue climbed to ₦544.1 billion in 2025, while gross profit increased to ₦274.5 billion. Operating profit also improved significantly to ₦192.9 billion, underlining improved efficiency and stronger margins across its core operations.
According to figures reviewed by Brandspur Banking News Desk, Transcorp’s total assets crossed the ₦1 trillion mark during the year, while shareholders’ equity expanded to ₦353.4 billion, strengthening the Group’s balance sheet and long-term financial position.
In line with the improved earnings, the Board of Directors has proposed a full-year dividend of ₦2 per share. This comprises a 40 kobo interim dividend already paid to shareholders and a final dividend of ₦1.60 per share, subject to shareholder approval.
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Speaking on the performance, Chairman Tony O. Elumelu attributed the results to the Group’s diversified investment strategy and disciplined execution. He noted that the power subsidiaries recorded notable operational milestones, with Transcorp Power expanding installed capacity to 625 megawatts and TransAfam Power increasing peak generation to 270 megawatts, further reinforcing the company’s role in Nigeria’s energy supply.
President and Group Chief Executive Officer Owen Omogiafo described the 2025 results as a reflection of sustained investor confidence and operational resilience. She said the 47 percent growth in shareholders’ funds positions the Group for continued expansion and value creation in the coming year.
Transcorp, one of Nigeria’s largest listed conglomerates, said it remains focused on delivering commercial returns while contributing to economic development through investments in critical sectors. The Group added that its 2026 outlook remains positive, supported by ongoing investments, improved power generation capacity and stable earnings momentum across its portfolio.
