Transcorp Hotels Posts 45% Profit Increase,  Declares N1.20 Dividend

Kayode  Tokede

Transcorp Hotels Plc has announced 2025 financial year result and accounts with profit before tax at N32.82 billion, representing an increase of 45 per cent from N22.61 billion reported in 2024.

From the profit & loss figures, the company declared  profit after tax of N21.85 billion, up by 47 per cent from N14.90 billion in 2024.

The hospitality subsidiary of Transnational Corporation Plc with a market capitalisation of N1.75 trillion as of  January 31, 2026 posted a historic N97.04 billion revenue in  2025, about 38per cent increase over N70.13 billion declared in 2024.

Performance in revenue was driven by robust demand in room bookings, conferencing, food and beverage services, and other ancillary offerings.

Gross Profit Margin expanded to 77per cent in 2025, from 71per cent in 2024, driven by increased volumes, effective cost management, and operational efficiencies.

Meanwhile, total assets closed 2025 at N159.91 billion, representing a 14per cent increase from N140.70billion in 2024.

This growth reflects substantial investments in physical  facilities, supporting Transcorp Hotels  future growth trajectory.

Total Equity was at N95.23 billion in 2025, an 18per cent increase from N80.52 billion in 2024, driven by strong operational performance and continued commitment to reinvesting to enhance shareholder value, while  maintaining the policy of rewarding its valued shareholders through  regular dividend distributions.

Board Chair, Transcorp Hotels, Dr Awele Elumelu, in a statement said, “I am delighted with the 2025 performance of Transcorp Hotels Plc, led by  Mrs. Uzoamaka Oshogwe. We have continued to strengthen the foundation of our company, with our growing asset base and equity–increasing by14 per cent & 18per cent respectively–positioning us for the future.

“We will continue to be  focused on driving operational excellence and business growth, whilst exploring new avenues for sustainable long-term value creation for all.”

Managing Director/CEO, Transcorp Hotels, Uzoamaka Oshogwe, added that “Our full-year 2025 performance represents a major milestone, with record revenue of N97.04 billion and retained earnings rising sharply from N63.23 billion in 2024 to N77.53 billion, further enhancing our financial resilience and long-term growth capacity.

“Our success results from disciplined operational efficiency, strong cost management, and most importantly, our exceptional team’s commitment to service excellence.”

“Guided by a bold, future-focused vision, we continue to invest in transformative infrastructure, notably the 5,000-seat world-class Transcorp Centre, positioning Nigeria as a premier global convening destination for high-profile events, including the Afreximbank Annual Meetings, ECOWAS Summits and many more. Looking ahead, we will continue to innovate and leverage cutting-edge technology to strengthen our brand and redefine hospitality standards across Africa.”