TRANSCOHOT Declares N3.6bn Loss in Q2 2020 Results, (SP:N4.00k)

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Thursday, July 30, 2020 / 11:58 AM / By NSE / Header Image Credit: Guardian Nigeria


Transcorp Hotels Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.


Key Highlights

  • Revenue declined by -48.6% to N4.8bn from N9.3bn in the previous quarter.

  • Loss before tax stood at N3.6bn.

  • Loss after tax stood at N3.6bn.

  • Net Assets declined by -6.3% from N57.5bn to N53.9bn.


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