TRANSCOHOT Declares N9bn Loss in Q4 2020 Results, (SP:N3.60k)

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Wednesday, February 03, 2021 / 8:26 AM / By NSE/ Header Image Credit: Transcorp Hotels 


Transcorp Hotels Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue declined by -50% to N10bn from N20bn in the previous quarter.

  • Loss before tax stood at N8.9bn.

  • Loss after tax stood at N9bn.

  • Net Assets grew by 1.3% from N57.5bn to N58.3bn.


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