Transcorp hotels posts 60% revenue rise, declares interim dividend

Transcorp Hotels Plc has announced a strong first-half performance for the period ended June 30, 2025, with revenue climbing to ₦47.57 billion, up 60 percent from ₦29.72 billion in H1 2024. The hospitality arm of Transnational Corporation Plc also reported a 71 percent jump in gross profit—rising from ₦21.19 billion to ₦36.21 billion—lifting its gross margin to 76 percent despite persistent inflation and rising […]