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Home Business

Transcorp Hotel declares N18.98bn grows profit by 45.52% in H1’23

by Godwin Onoh
July 28, 2023
in Business
Transcorp Hotel declares N18.98bn grows profit by 45.52% in H1’23

Transcorp Hotel

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Transcorp Hotel Plc has released its financial report for the period ended June 30th 2023.

The company grew by 26.67% in Turnover closing at N18.984 billion from the previous close of N14.986 billion in 2022.

The Profit after Tax (PAT), advanced by 45.52% to arrive at N2.46 billion above N1.69 million recorded in H1’22.

The company grew its shareholders’ Earning Per Share (EPS) by over 45.52% better than EPS recorded same period last year in H1’22.

At a reference price of N37.5, the PE Ratio stood at 157.9x with earnings yield of 0.63%.

Tags: Transcorp HotelTranscorp Hotel results

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