TRANSCORP Declares N957m Total Comprehensive Loss in Q1 2020 Results,(SP:N0.72k)

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Monday, May 18, 2020 / 12:37 AM / By NSE / Header Image Credit: Invest Advocate


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Transnational Corporation of Nigeria Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue declined by -15.9% to N15.4bn from N18.3bn in the previous quarter.

  • Profit before tax declined by 94.6% to N137m.

  • Profit after tax declined by 96.1% to N81m. 

  • Total Comprehensive Loss stood at N957m.

  • Net Assets declined by -0.9% to N108bn from N109bn.


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