My people, make una gather here because we get beta gist wey go scatter ground today! Transcorp Hotels, the big fish for hospitality sector, don drop jaw-dropping revenue of N97.04bn for 2025. No be small matter o! This figure na 38% higher than last year wey dem dey report N70.13bn. Shey you sabi say na during the audit wey dem release this waka?
As e be, this na big achievement for Transcorp Hotels, wey dey among the heavyweights wey get market cap wey dey push above N1 trillion for Nigerian Exchange Limited. Naija gingers, the customers don show love as dem carry their money come book rooms, attend conferences, chop good food, and enjoy all the sweet services wey Transcorp dey provide. No wonder the profits don dey burst everywhere!
Check am well, their Gross Profit margin don increase to 77% sharp, from 71% last year. E no be play play matter o, this increase come as dem sabi manage their money well and cut cost. Operating Profit don rise to N35.24bn, up 35% from N26.03bn wey dem make last year. As for Profit Before Tax, e don jump to N32.82bn, from N22.61bn. How about Profit After Tax? That one don waka follow, from N14.90bn to N21.85bn, meaning dem fit chop well for this financial year.
Dr. Awele Elumelu, wey be Board Chair for the company, dey shine eyes as e talk say,
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