Lagos, Nigeria – Transcorp Hotels Plc has delivered stellar half-year 2025 results, with 60% revenue growth to ₦47.57 billion and a 71% gross profit increase, powered by its newly launched 5,000-capacity Transcorp Centre event venue.
Financial Highlights (H1 2025 vs H1 2024)
Revenue: ₦47.57bn (↑60% from ₦29.72bn)
Gross Profit: ₦36.21bn (↑71%)
Gross Margin: 76% (Industry-leading)
Interim Dividend: ₦1.024bn (₦0.10 per share)
Growth Drivers
Transcorp Hilton Abuja: Sustained premium occupancy
Transcorp Centre: Africa’s largest corporate venue (5,000 seats)
Aura Platform: Digital hospitality expansion
Operational Efficiency: Cost optimization strategies
Leadership Insights:
Emmanuel Nnorom (Chairman):
“This performance validates our transformation agenda – combining innovation with excellence to deliver shareholder value.”
Mrs. Uzo Oshogwe (MD/CEO):
“We’re not just leading Nigerian hospitality; we’re redefining African standards through iconic assets and digital innovation.”
Strategic Milestones
Commissioned ₦15bn Transcorp Centre (Q2 2025)
Maintained industry-best 76% gross margin despite inflation
Digital expansion via Aura by Transcorp Hotels
Market Reaction:
Analysts’ Take:
“Transcorp has cracked the code for profitable growth in tough times – diversified revenue, premium positioning, and operational discipline.” – CSL Stockbrokers
What’s Next?
Full rollout of Transcorp Centre events calendar
Aura platform enhancements
Regional expansion plans
Why This Matters:
Sector Benchmark: Sets new performance standards for African hospitality
Investor Confidence: Strong dividends amid economic volatility
Job Creation: Expanded operations support thousands of direct/indirect jobs
Quick Facts:
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Parent Company: Transnational Corporation Plc (Transcorp)
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Flagship Asset: Transcorp Hilton Abuja
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Digital Arm: Aura by Transcorp Hotels