Corporate Results | |
Corporate Results | |
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Wednesday, October 30, 2019 /1:30 PM / By NSE / Header Image Credit: Transcorp Nigeria
Transnational
Corporation of Nigeria Plc released its
Q3 unaudited 2019 results for the period ended September 30th, 2019.
Key Highlights
Revenue
declined by -27% to N58.28bn from N79.86bn in the previous quarter.
Profit
before tax declined by 58.5% to N7.4bn.
Profit after
tax declined by 57.8% to N6.7bn.
Net Assets
also grew by 5.7% to N111.35bn from N105.35bn as at December 31, 2018.
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