TRANSCOHOT Declares N5.6bn Loss in Q3 2020 Results, (SP:N4.00k)


Monday, November 2, 2020 / 3:57 PM /  NSE / Header Image Credit: Transcorp Hotels

Transcorp Hotels Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.

Key Highlights

  • Revenue declined by -54% to N6.8bn from N14.7bn in the previous quarter.

  • Loss before tax stood at N5.6bn.

  • Loss after tax stood at N5.6bn.

  • Net Assets declined by -9.8% from N58bn to N52bn.

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