Ikeja Hotels Plc and Transcorp Hotels Plc, both listed on the NGX under the services sector and hotels/lodging sub-sector, have seen their shares rally so far this year
Transcorp Hotels Plc has published its financial results for the second quarter of 2025, posting a pre-tax profit of N6.07 billion, an improvement from the N4.3 billion recorded in the same period of 2024.
Transcorp Hotels Plc on Thursday announced the approval of a final dividend payment of 64 kobo per share for the 2024 financial year, bringing the total dividend payout to 74 kobo per share, amounting to N7.57 billion.
Afriland Properties Plc, a real estate investment, development, and management company, has appointed Azubike Emodi as its new Managing Director/Chief Executive Officer.
Shareholders of Transcorp Hotels Plc have endorsed the recommendation of the board of directors for a dividend of N2.05 billion for the financial year ending December 31, 2023.
Let me start by saying a warm welcome to all our esteemed investors and analysts who have joined this call with us today.
Transcorp Hotels Plc the hospitality subsidiary of Transnational Corporation Plc is Nigeria’s first hospitality group to cross the N1 trillion market capitalization level.
The Board of Directors of Transcorp Hotels Plc has announced the appointment of Mr. Garba Abubarkar as an Independent Non-Executive Director and Ms. Adesimbo Ukiri as a Non-Executive Director on the Board of the company.
Transcorp Hotels Plc has posted a year-on-year growth of 119% in its Q3 2023 profit before tax.
NGX has removed the Compliance Status Indicator CSI of BLS placed on Transcorp Hotels Plc.
Nigerian Exchange Limited (NGX) experienced a positive trading month in July 2023, as the NGX All-Share Index gained 5.5% to reach 64,337.52 index points while market capitalization closed at N35.011 trillion.
The Board of Directors at Transcorp Hotels Plc has announced the resignation of Helen Iwuchukwu as Non-Executive Director of the company.