TRANSCOHOT Declares N614m PAT in 2019 Audited results, Proposes N0.70K Final Div. (SP:N4.05k)


Friday, February 28, 2020 / 5:08 PM / By NSE / Header Image Credit: Transcorp Hotels

Transcorp Hotels  Plc released its 2019 Audited results for the period ended December 31st, 2020.

Key Highlights

  • Revenue grew by 17.1% to N20.4bn from N17.4bn in the previous quarter.

  • Profit before tax declined by 77.7% to N1.1bn.

  • Profit after tax declined by 83.5% to N614m.

  • Net Assets grew by 0.1% to N57.54bn from N57.46bn.

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