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

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 […]

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

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

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