Transcorp Power Plc, one of the power subsidiaries of Transnational Corporation Plc has announced its unaudited financial results for the half-year (H1) ended June 30, 2025.
The company’s revenue grew by 52 percent year-on-year to N205.8 billion in 2025, against N135.4 billion in H1 2024. The company said its H1 2025 performance was driven by enhanced generation capacity and improved operational efficiency, a reflection of Transcorp Power’s continued investment in infrastructure and service delivery.
Gross profit increased to N77.6 billion, up from N62.9 billion in H1 2024, with a gross margin of 23percent. Profit before tax rose by 15 percent to N58.7 billion in H1 2025, from N51.0 billion in H1’2024.