TRANSCORP Declares N1.7bn PAT in Q3 2020 Results, (SP:N0.71k)


Wednesday, November 04,  2020 / 5:35 PM / NSE / Header Image Credit: TRANSCORP

Transnational Corporation of Nigeria Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.

Key Highlights

  • Revenue declined by -7% to N54bn from N58bn in the previous quarter.

  • Profit before tax declined by 73% to N2bn.

  • Profit after tax declined by 74% to N1.7bn.

  • Net Assets grew by 3% from N109bn to N112bn.

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