Transcorp Power reports strong revenue growth and higher dividends
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc, has reported significant financial growth, with notable increases in revenue and profits. The company attributes these results to enhanced generation capacity and disciplined financial management. Emmanuel Nnorom and Peter Ikenga highlighted the firm’s commitment to operational excellence and sustainable growth. Several key financial milestones and dividend announcements were made for 2025.
TLDR
- Revenue rose to N398.27bn for the year ended December 31, 2025, up from N305.94bn in 2024.
- Gross profit reached N162.44bn, and profit after tax was N91.42bn, both up from 2024 figures.
- The return of GT20 added 100MW to the national grid from January 3, 2025.
- The company reduced borrowings by over ₦7bn and improved total equity and assets.
- A full-year dividend of ₦5.50k per share for 2025 was proposed, including an interim dividend paid on August 18, 2025 and a final dividend, representing a 10 per cent increase from the previous year.
