Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has released 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 N10.5 billion in profit after tax, a 21 percent increase from N8.7 billion in Q2 2025, while Profit Before Tax (PBT) increased by 12 percent to N13.7 billion from N12.2 billion in the same period in 2025.
The company’s revenue stood at N44.4 billion, compared to N46.9 billion in Q2 2025, driven by softer market demand in its International Business segment.
Profit Before Tax increased by 12 percent to N13.7 billion, from N12.2 billion. Profit After Tax rose by 21 percent to N10.5 billion, compared to N8.7 billion in the corresponding period last year.
Operating expense margin improved by 3 percentage points, demonstrating continued operational efficiency and prudent cost management.
These results
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