Transcorp Hotels Don Blow Accounts With N97.04bn Profit

My people, gather here, we get hot gist from Transcorp Hotels Plc wey don shine like diamond for 2025 with their latest report wey dem drop for Nigerian Exchange Limited.

This year, dem report say dem generate N97.04 billion as revenue! Na wetin we fit call serious cash, o! Na 38% increase from last year wey dem make only N70.13 billion. E be like say people don dey jam-pack their hotel for room bookings, conferencing, and di better food and drinks wey dem dey offer.

Check am, dem gross profit margin don waka go 77% from 71% wey dem carry last year. Dis one show say dem dey manage their costs well well and dem sabi how to run business like pro. Operating profit don land for N35.24 billion, dat one na plus 35% from N26.03 billion wey dem make in 2024. No be small thing at all!

And e no stop there, my people! Profit before tax don rise reach N32.82 billion up from N22.61 billion last year, wey make am 45% increase. When we check profit after tax, e climb from N14.90 billion to N21.85 billion—47% increase wey show say dem dey play ball well well for this business.

Dr. Awele Elumelu, wey be Board Chair for Transcorp Hotels, don come yarn say dem dey happy with their performance. She talk say dem go continue to build strong foundation for di company and dey look for better ways to grow. Na Uzoamaka Oshogwe, di Managing Director, wey lead di team for dis gbege, come talk say dis year na major milestone for dem.

She gree say dem dey plan to take Nigeria to higher level as dem dey invest for better infrastructures, like di 5,000-seat Transcorp Centre wey go fit host magamous events like Afreximbank Annual Meetings and ECOWAS Summits. Nigeria go soon be di main host for diaspora, no be small!

For wey di money matter wan land, their total assets don climb reach N159.91 billion, dat one na 14% increase from di previous year wey dem get N140.70 billion. Their total equity don also rise to N95.23 billion from N80.52 billion. If dis one no sweet you for ear, I no sabi wetin go sweet you!

So, my people, as we dey enter 2026, Transcorp Hotels dey show strong move and dey ready to change di hospitality game for Africa. Na so dem dey run am! Make we dey watch as dem go dey innovate and using technology like never before. Dis na just di beginning, make everybody get ready for more good news!