Transcorp Plc posts 147% profit rise in 2021 first quarter result
Transnational Corporation Plc, (Transcorp Group) has reported impressive returns in all its major financial indices for the first quarter ended March 31.
Its unaudited results filed with the Nigeria Exchange Limited, showed that the conglomerate with interests in the power, hospitality, and energy sectors recorded a profit after tax of N5.0 billion, rising 147 per cent from N2 billion recorded in the first quarter of 2021; while profit before tax which stood at N2.5 billion last year,…