Transcorp Hotels posts N97bn revenue in 2025, declares N1.30 final dividend
Transcorp Hotels Plc reported a N97bn revenue for 2025, marking a significant increase and announcing a final dividend of N1.30 per share.
Transcorp Hotels Plc has demonstrated robust financial growth, recording N97bn in revenue for the financial year 2025, which represents a remarkable 38% increase compared to the previous year. During the 12th annual general meeting held in Abuja, the Chairman of the company, Awele Elumelu, expressed confidence in the firm's performance, stating that they have positioned themselves well for 2026 following a successful fiscal year.
Elumelu highlighted the achievement of the company along with its commitment to its shareholders, announcing a final dividend of N1.30 per share. This dividend payout is an acknowledgment of the trust and support from the shareholders, which has been instrumental in driving the companyβs performance. Furthermore, the positive financial results set the stage for continued growth and confidence as the company transitions into the next financial year.
The reported figures not only showcase the financial health of Transcorp Hotels but also reflect the overall hospitality industry's recovery and growth potential in Nigeria. As the company advances, it aims to build on its successes while investing in further opportunities that will sustain its upward trajectory and enhance shareholder value in the years to come.