• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result

Transcorp Hotels reports 27% drop in profits, falls short of IPO forecast

Nairametrics by Nairametrics
March 22, 2015
in Uncategorized
Transcorp Hotels announces 37kobo dividend, beats own forecast by 184%
Share on FacebookShare on TwitterShare on Linkedin

Transcorp Hotels Plc released its 2014 Full year results showing revenues remained relatively flat year on year to N15.1billion. However, operating expenses rose 14.3% to N7.4billion pushing pre-tax profits to N4.5billion (2013 FY: N5.7billion).

Profit after tax dropped 27% to N3.2billion compared to N4.4billion reported in 2013. Earnings per share for the period was 59kobo (2013 FY: 81kobo).

Transcorp had in its IPO prospectus forecasted a N16.8billion revenues for 2014 (actual N15.1billion). Profit after tax forecasted was N5billion (Actual N3.2billion). It is important to note that the Ebola Virus breakout in Nigeria, insecurity etc. could have had a negative impact on 2014 results.

RelatedStories

companies

SWOOTs: Nigeria’s trillion-naira stocks that have gained over 20% this year

May 23, 2025
Transcorp Hotels Plc Achieves Record Revenue of N70bn, Reports 144% Profit After Tax Growth for FY 2024  

Transcorp Hotels Plc Achieves Record Revenue of N70bn, Reports 144% Profit After Tax Growth for FY 2024  

February 27, 2025

Transcorp earlier proposed a dividend per share of 37kobo.

Tags: Nigerian Company ResultsTranscorp Hotels
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

companies
Equities

SWOOTs: Nigeria’s trillion-naira stocks that have gained over 20% this year

May 23, 2025
Transcorp Hotels Plc Achieves Record Revenue of N70bn, Reports 144% Profit After Tax Growth for FY 2024  
Companies

Transcorp Hotels Plc Achieves Record Revenue of N70bn, Reports 144% Profit After Tax Growth for FY 2024  

February 27, 2025
Transcorp Hotels Plc, Dupe Olusola
Company Results

Transcorp Hotels’ pre-tax profit soars 138% to N22.6B in 2024, announces N0.64 final dividend 

February 27, 2025
Transcorp Annual General Meeting, Transcorp financial result, Transcorp Hotel
Company Results

Transcorp Plc reports strong first half 2024 results; stock appears undervalued 

August 22, 2024
Dangote Cement
Breaking News

Dangote Cement’s sheds N1.12 trillion in market value drags stocks to its second-worst trading day of the year

July 26, 2024
Transcorp Hotels Plc Appoints New Non-Executive Director
Company Results

Transcorp Hotels posts 188% profit growth in 2024 half year

July 24, 2024
Next Post

PZ reports 28% drop in profits

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Nigeria’s Justice System is Ruining Investment Confidence – Johnson Chukwu Shares His Story On Talknomics
  • Single-Digit Inflation, Tier 3 Banks, and Why You Can’t Fight African Governments – Drinks & Mics
  • Norway to raise minimum salary requirements for foreign workers seeking permits from September 1

Follow us on social media:

Recent News

Nigeria’s Justice System is Ruining Investment Confidence – Johnson Chukwu Shares His Story On Talknomics

Nigeria’s Justice System is Ruining Investment Confidence – Johnson Chukwu Shares His Story On Talknomics

June 14, 2025
Single-Digit Inflation, Tier 3 Banks, and Why You Can’t Fight African Governments – Drinks & Mics

Single-Digit Inflation, Tier 3 Banks, and Why You Can’t Fight African Governments – Drinks & Mics

June 14, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics