Transcorp posts N136 billion in full-year profits as revenue soars, proposes final dividend 

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Transnational Corporation Plc (Transcorp) has published its financial results for the year ending December 31, 2024, reporting a pre-tax profit of N136.6 billion.


This marks an impressive 132.41% increase from the N58.8 billion reported the previous year, buoyed by a substantial rise in revenue.


The group recorded total revenue of N407.9 billion, a 107.07% increase from N196.9 billion in 2023, with ‘power’ contributing a significant 82.8% of the total.

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