MON OCT 20 2025-theGBJournal| Transcorp Hotels Plc, posted N72.31 billion in revenue in Q3-205, a 49% increase from N48.49 billion in Q3 2024, while Profit Before Tax (PBT) surged 36% to N22.4 billion.
The result announced today by Transcorp Hotels, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), reflects the company’s sustained focus on operational excellence, cost efficiency, and customer-centric innovation, reinforcing its leadership in Nigeria’s hospitality sector.
Transcorp Hotels Chairman, Emmanuel Nnorom said, the impressive Q3 performance underscores Transcorp Hotels’ time-tested strategy focused on cost discipline, operational efficiency, and putting the customer at the heart of everything we do.
”We remain committed to delivering sustainable profitability and long-term value for our investors,” he adds
The company equally reported Gross Profit Margin expansion to 76%, up from 71% in Q3 2024, driven by operational efficiency and superior service delivery.
Managing Director/ CEO , Uzo Oshogwe said the earnings result reflects the company’s unwavering drive for excellence and our commitment to redefining hospitality in Africa.
Meanwhile, with a future-ready growth strategy anchored on sustainability and innovation, Transcorp Hotels continues to unlock exceptional value for shareholders.
The recently commissioned 5,000-seat Transcorp Centre is fast positioning Nigeria as Africa’s hub for world-class Meetings, Incentives, Conferences, and Exhibitions (MICE).
”With the success of our newly commissioned 5,000-seat event centre, we are proud to be positioning Nigeria as the preferred destination for global conferences and events, while scaling sustainable value for our shareholders,” Oshogwe noted.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
