TRANSCORP Declares N6.74bn PAT in Q3 2019 Results,(SP:N1.05k)

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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