TRANSCORP Declares N778m PAT in Q2 2020 Results, (SP:N0.59k)


Tuesday, August 04, 2020 / 5:55 PM / NSE / Header Image Credit: Transnational Corporation Of Nigeria

Transnational Corporation of Nigeria Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue declined by -7% to N35bn from N38bn in the previous quarter.

  • Profit before tax declined by 81.6% to N930m.

  • Profit after tax declined by 83% to N778m.

  • Net Assets grew by 2.1% from N109bn to N111bn.

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