Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, has announced an interim dividend payout of N4.064 billion to its shareholders, following a healthy financial performance for the first half (H1) of 2025. The declaration, representing 40 kobo per ordinary share, underscores the group’s commitment to delivering value to its investors amidst a period of substantial growth and strategic investments.
The dividend announcement accompanies Transcorp Group’s unaudited H1 2025 results, which showcase robust year-on-year growth. The group’s revenue rose 59 per cent, reaching N279.7 billion, up from N175.4 billion in H1 2024. This top-line expansion translated into a healthy profitability trajectory, with profit before tax (PBT) growing by 21 per cent to close at N85.7 billion, compared to N70.9 billion recorded in the same period last year.
Despite persistent economic headwinds in Nigeria, Transcorp Group, a bellwether stock with a diversified portfolio spanning power, resources, and hospitality, has consistently delivered for its shareholders. The company’s ability to achieve an increased gross profit margin of 47 per cent, even in a challenging environment, highlights its operational efficiency and resilience.
A notable highlight contributing to this strong performance was the recent launch of the Transcorp Centre in Abuja. This state-of-the-art convention and events centre, now Nigeria’s largest, has already hosted international leaders and major regional events, opening up new revenue opportunities for the group’s hospitality segment.
Tony Elumelu, chairman of Transnational Corporation Plc, emphasised the group’s dedication to its value-creating mission. “Delivering on our impact driven, value creating mission, we continue to advance strategic investments across key sectors in Nigeria,” Elumelu commented. He highlighted the commitment to shareholders, stating “Our growth demonstrates the resilience and strength of our diversified business model. We remain dedicated to achieving our strategic vision, rewarding our valued shareholders, and driving the sustainable transformation of Nigeria’s economy.”
Owen Omogiafo, president/group chief executive officer, further elaborated on the operational excellence driving these results. “The Q2 2025 financial performance reflects our firm commitment to operational excellence and the resilience inherent in our corporate strategy, which has further enhanced our capacity to effectively navigate challenges,” Omogiafo stated. She added, “This adaptability has enabled us to thrive within a dynamic business landscape while consistently delivering value to our stakeholders.”
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