Transnational Corporation Plc (TRANSCORP), a leading Nigerian conglomerate with interests in power, hospitality, and energy, has announced audited full year 2025 results that mark a historic milestone. The company’s total assets have surpassed ₦1 trillion for the first time, reflecting a 33 per cent increase in revenue to ₦544 billion compared to ₦408 billion in the previous year.

Record Revenue and Profit Growth

The group’s profit before tax rose by 31 per cent to ₦179.5 billion, up from ₦136.7 billion in 2024. Profit after tax also climbed 44 per cent to ₦135.9 billion, compared with ₦94.1 billion in the prior year. The results highlight a strong gross profit margin of 50.5 per cent, highlighting the company’s operational efficiency and strategic pricing strategies.

The power segment saw a 38 per cent increase in revenue to ₦483.97 billion, driven by improved generation capacity and enhanced gas supply. Transcorp Hotels Plc also reported a 38 per cent revenue increase to ₦97.04 billion, supported by sustained demand for its services, including conferencing, food and beverage offerings, and premium guest experiences.

Strong Balance Sheet and Market Confidence

The company’s balance sheet strengthened significantly during the period, with total assets rising 33 per cent to ₦1.002 trillion. Shareholders’ funds grew by 47 per cent to ₦353.4 billion, while total borrowings declined by 15 per cent to ₦75.5 billion, reducing the gearing ratio to 13 per cent.

With a combined market capitalisation of ₦4.78 trillion ($3.54 billion) on the Nigerian Exchange, the group’s performance across all major financial indicators has reinforced investor confidence. The company’s diversified operations across power, hospitality, and energy have contributed to its strong financial position.

Strategic Investments and Future Growth

Chairman Tony O. Elumelu highlighted the significance of the 2025 results, stating that they underscore the strength of the group’s diversified portfolio and its confidence in Nigeria’s long-term prospects. He noted that the power segment, including Transcorp Power and TransAfam Power, has seen significant improvements in generation capacity, contributing to Nigeria’s energy security and industrial competitiveness.

Elumelu emphasized that the group is building platforms that deliver both commercial returns and social impact. He also pointed out that the Transcorp Centre Abuja is redefining the country’s ability to host large-scale global events, positioning the company for future growth in the hospitality sector.

President and Group Chief Executive Officer Dr. Owen Omogiafo described the company’s FY 2025 performance as a reflection of disciplined strategy execution and operational excellence across its portfolio. She stated that crossing the ₦1 trillion total assets milestone is a defining achievement that validates the strength of the company’s platform and the confidence of its investors.

Omogiafo added that the group remains committed to delivering sustainable returns while advancing economic development, guided by its purpose to improve lives and transform Africa. The company’s 47 per cent growth in shareholders’ funds and sustained profitability have closed the year with strong momentum, according to the report.

The results come amid a broader push for economic transformation in Nigeria, where the private sector is increasingly seen as a key driver of growth. The company’s performance in the full year 2025 results is being closely watched by investors and industry analysts as a barometer of the country’s economic health and business environment.