,Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, demonstrating remarkable growth across the business. In its Q3 2024 unaudited results filed with the Nigerian Exchange (NGX), Transcorp Power reported revenue of N223.6 billion, representing a significant 153% growth year-on-year, over N88.4 billion in Q3 2023, Highlighting operational efficiency, profit before tax for the period surged by 198%, recording N81.1 billion, compared to N27.3 billion in September 2023. Key Financial Highlights: •…
Read MoreTRANSCORP POWER PLC REPORTS STRONG Q3 2024 PERFORMANCE, WITH 153% REVENUE GROWTH AND 198% INCREASE IN PROFITS
