TRANSCOHOT Declares N556.921 m PAT in Q2 2019 results,(SP:N5.40k)


Monday, July 29, 2019 / 01:32PM / NSE

Transcorp Hotels Plc released its Q2 Unaudited Results for the Period ended June 30, 2019.


Key Highlights

Revenue grew by 16.2% to N9.30bn from N8.01bn in the previous year.

Profit Before Tax declined by 59.5% to N818.05m from N2.02bn recorded in the previous year.

Profit After Tax also declined by 59.7% to N556.92m.

Net Assets however grew marginally by 1.0% to N58.02bn from N57.46bn as at 31st December, 2018.

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