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Transcorp Hotels doubles annual profit as room revenue jumps

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Pre-tax profit expanded by 172.3 per cent to N4.5 billion

Transcorp Hotels appoints new non-executive director

Transcorp Hotels got shareholders’ nod last month for a divestment plan, the details of which the company is yet to reveal. Transcorp holds a 76.2 per cent interest in the company and the Ministry of Finance Incorporated, a special division of the Office of the Accountant General, holds 11 per cent. Transcorp Hotels is looking to shareholders to endorse its dividend plan of N0.13 per share at the next AGM scheduled for 3 April.

 

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Transcorp Hotels delivers outstanding performance achieving 172% PBT growth, N31.4bn revenueTranscorp Hotels Plc (NGX: TRANSCOHOT), the hospitality subsidiary of Transcorp Group, has reported its financial results for full year 2022. The company
Source: DailyPostNGR - 🏆 11. / 59 Read more »