Transcorp Hotels Records 60% Half-year Revenue Growth, 71% Profit Rise

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The results showed a 60 per cent growth in revenue, from N29.72 billion in H1 2024 to N47.57 billion in H1 2025.


Also, its gross profit increased by 71 per cent year-on-year in the review period, to N36.21 billion, from N21.19 billion the preceding year.


The earnings’ growth translated to an improvement in its H1 2025 gross profit margin, which increased to 76 per  cent, despite the challenging macroeconomic environment marked by rising inflation and increased operating costs.

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