Transnational Corporation Plc, Africa’s leading listed conglomerate, has announced its half-year 2026 unaudited financial results, delivering resilient profitability and a strong balance sheet in the period while announcing 40k interim dividend.
The financial highlights show that revenue stood at ₦241.5 billion in the first half of 2026, down from ₦279.0 billion recorded in the corresponding period of 2025. Profit before tax declined to ₦75.9 billion from ₦85.7 billion, while profit after tax fell to ₦54.4 billion from ₦65.2 billion. Earnings per share also decreased to 323 kobo from 408 kobo in H1 2025. However, total equity increased to ₦367.8 billion from ₦353.4 billion as of December 2025, while cash and cash equivalents stood at ₦20.8 billion, compared with ₦21.9 billion at the end of December 2025.
Transcorp Group’s disciplined cost management and operational efficiency, underpinned by a resilient business strategy and solid corporate governance ethos, delivered a strong revenue and profit performance, with improved margins and ratios notwithstanding challenges in the operating environment. The power sector was impacted by gas supply constraints, as well as grid-related challenges, which saw a reduction in the overall power supply in the country. The hospitality business continues to innovate and leverage its assets to deliver superior service excellence to the nation.
