![[Corporate Action] Transcorp Nigeria Plc Records 28% Drop In Profits For Q3’2015](https://nairametrics.com/wp-content/uploads/2015/10/transcorp-nigeria.gif)
Transcorp Nigeria Plc released its financial results for the nine months ended 30 September 2015.
The result showed that revenue dipped by 3.1% from N31.4 billion in 2014 to N30.4 billion in 2015.
See Summary of result below…
| TRANSCORP NIGERIA PLC Q3 2015 | 2015 | 2014 | % Change |
| N’m | N’m | ||
| Revenue | 30,425 | 31,403 | -3.11% |
| Gross Profit | 18,177 | 21,116 | -13.92% |
| Operating Expenses | -8,307 | -8,250 | 0.69% |
| Pre-tax Profits | 7,188 | 9,709 | -25.97% |
| Profit After tax | 5,885 | 8,263 | -28.78% |
| Current Share Price |
