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Home Companies Company News

[Corporate Action] Transcorp Nigeria Plc Records 28% Drop In Profits For Q3’2015

Editor by Editor
October 21, 2015
in Company News
[Corporate Action] Transcorp Nigeria Plc Records 28% Drop In Profits For Q3’2015
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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…

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TRANSCORP NIGERIA PLC Q3 201520152014% Change
N’mN’m
Revenue30,42531,403-3.11%
Gross Profit18,17721,116-13.92%
Operating Expenses-8,307-8,2500.69%
Pre-tax Profits7,1889,709-25.97%
Profit After tax5,8858,263-28.78%
Current Share Price

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Tags: News ReviewTranscorp plc
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