Nigeria: Transcorp's Half-Year Profit Leaps By 713%

3 August 2021

Transnational Corporation of Nigeria (Transcorp) has recorded a 713 percent growth in its half-year profit.

The conglomerate, with strategic investments in the power, hospitality and energy sectors, recorded a Profit After Tax (PAT) of N6.5 billion, rising by 713% as of June 2021, up from N0.8bn recorded in June 2020.

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