Abuja, Nigeria, January 30, 2026 – Transcorp Hotels Plc (“Transcorp Hotels” or “the Company”) (NGX: TRANSCOHOT), the hospitality subsidiary of Transnational Corporation Plc (“Transcorp Group”), posted a historic ₦97.04 billion revenue in FY 2025.
The Company, with a market capitalisation of N1.75 trillion, grew its revenue by 38% compared to the same period in 2024, while gross profit increased by 50% year-on-year.
- Key Highlights
- Record Revenue Growth
- Revenue increased 38% year-on-year, from ₦70.13 billion (FY 2024) to ₦97.04 billion (FY 2025). Performance was driven by robust demand in room bookings, conferencing, food and beverage services, and other ancillary offerings.
- Strong Profitability Momentum
- Gross Profit Margin expanded to 77%, from 71% in FY 2024, driven by increased volumes, effective cost management, and operational efficiencies.
- Operating Profit: ₦35.24 billion (up 35% from ₦26.03 billion in FY 2024).
- Profit Before Tax rose by 45% to ₦32.82 billion, from ₦22.61 billion in FY 2024.
- Profit After Tax: ₦21.85 billion (up 47% from ₦14.90 billion in FY 2024).
- Basic & Diluted EPS: ₦2.14 (up from ₦1.46 in FY 2024).
- Balance Sheet Strength
- Total Assets: ₦159.91 billion, representing a 14% increase from ₦140.70 billion in FY 2024. This growth reflects substantial investments in physical facilities, supporting our future growth trajectory.
- Total Equity: ₦95.23 billion, an 18% increase from ₦80.52 billion in FY 2024, driven by strong operational performance and continued commitment to reinvesting to enhance shareholder value, while maintaining the policy of rewarding our valued shareholders through regular dividend distributions.
- Record Revenue Growth
Board Chair, Transcorp Hotels Plc, Dr Awele V. Elumelu, OFR, comments:
“I am delighted with the FY 2025 performance of Transcorp Hotels Plc, led by Mrs. Uzoamaka Oshogwe. We have continued to strengthen the foundation of our company, with our growing asset base and equity–increasing by14% & 18% respectively–positioning us for the future. We will continue to be focused on driving operational excellence and business growth, whilst exploring new avenues for sustainable long-term value creation for all.”
Managing Director/CEO, Transcorp Hotels Plc, Uzoamaka Oshogwe, comments:
“Our full-year 2025 performance represents a major milestone, with record revenue of ₦97.04 billion and retained earnings rising sharply from ₦63.23 billion in FY 2024 to ₦77.53 billion, further enhancing our financial resilience and long-term growth capacity. Our success results from disciplined operational efficiency, strong cost management, and most importantly, our exceptional team’s commitment to service excellence.”
Guided by a bold, future-focused vision, we continue to invest in transformative infrastructure, notably the 5,000-seat world-class Transcorp Centre, positioning Nigeria as a premier global convening destination for high-profile events, including the Afreximbank Annual Meetings, ECOWAS Summits and many more. Looking ahead, we will continue to innovate and leverage cutting-edge technology to strengthen our brand and redefine hospitality standards across Africa.”
About Transcorp Hotels Plc
Transcorp Hotels Plc is the hospitality subsidiary of Transnational Corporation Plc, one of Africa’s leading listed companies, with strategic investments in the power, hospitality, and energy sectors. Transcorp Hotels is redefining hospitality standards in Africa through its businesses, including the iconic Transcorp Hilton Abuja, and the recently launched 5,000-seat capacity Transcorp Centre.
www.transcorphotels.com
