Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc , has announced its unaudited results for the second quarter ended June 30, 2026, driven by disciplined cost management and continued operational excellence despite moderated revenue.
The Company delivered ₦10.5 billion in profit after tax, a 21% increase from ₦8.7 billion in Q2 2025, while Profit Before Tax (PBT) increased by 12% to ₦13.7 billion from ₦12.2 billion in the same period in 2025.
According to key highlights in the report, revenue stood at ₦44.4 billion, compared to ₦46.9 billion in the second quarter of 2025, reflecting softer market demand in the company’s International Business segment. Despite this, Profit Before Tax increased by 12 per cent to ₦13.7 billion from ₦12.2 billion, while Profit After Tax rose by 21 per cent to ₦10.5 billion, compared to ₦8.7 billion in the corresponding period last year. The company’s Operating Expense Margin also improved by three percentage points, underscoring continued operational efficiency and prudent cost management.
These results validate Transcorp Hotels’ resilience and focus on operational excellence, cost efficiency, and customer-centric innovation, reinforcing its leadership in Nigeria’s hospitality sector.
