Transcorp Hotels Plc, yesterday on the Nigerian Exchange Limited (NGX) announced its third quarter (Q3) ended September 2024 unaudited result and accounts with a strong performance from top to bottom.
The hospitality subsidiary of Transcorp Group announced N48.49 billion revenue in Q3 2024, about 67 per cent increase from N28.97 billion in Q3 2023.
The remarkable revenue growth is fueled by strategic pricing initiatives and robust sales efforts across all business segments, with a particular emphasis on the targeted Group and International Business segments.
From the profit & loss figures, Transcorp Hotels declared N16.44 billion profit before tax in Q3 2024, about 192 per cent increase from N5.64billion reported in Q3 2024 as…
