TRANSCORP Declares N3.7bn PAT in 2019 Audited Results,(SP:N0.88k)


Monday, March 02, 2020 / 01:56 PM / NSE / Header Image Credit: Transcorp Nigeria

Transnational Corporation of Nigeria Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

  • Revenue declined by 26.7% to N76bn from N104bn in the previous quarter.

  • Profit before tax declined by 64.7% to N7.9bn.

  • Profit after tax declined by 82% to N3.7bn.

  • Net Assets grew by 4% to N108.7bn from N104.5bn.

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