Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has reported a 49% increase in revenue to N72.31 billion for Q3 2025, up from N48.49 billion in the same period last year, alongside a 36% surge in profit before tax (PBT) to ₦N22.4 billion.
The impressive results, released on the Nigerian Exchange (NGX), reflect the company’s continued focus on operational excellence, cost efficiency, and customer-driven innovation. Transcorp Hotels also achieved a gross profit margin of 76%, an improvement from 71% recorded in Q3 2024, underscoring its enhanced productivity and superior service delivery.
Chairman of Transcorp Hotels Plc, Emmanuel Nnorom, attributed the stellar performance to the company’s disciplined strategy and strong operational management. “This impressive Q3 performance underscores our time-tested strategy focused on cost discipline, operational efficiency, and putting the customer at the heart of everything we do,” he said. “We remain committed to delivering sustainable profitability and long-term value for our investors.”
Managing Director/CEO, Uzo Oshogwe, noted that the success of the newly commissioned 5,000-seat Transcorp Centre has positioned Nigeria as an emerging hub for global conferences and events.
“Our Q3 2025 results reflect our unwavering drive for excellence and our commitment to redefining hospitality in Africa,” Oshogwe stated.
Transcorp Hotels continues to reinforce its leadership in Nigeria’s hospitality industry. The company’s ongoing expansion and premium service offerings aim to further consolidate its position as a key player in Africa’s Meetings, Incentives, Conferences, and Exhibitions (MICE) sector.
