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Transcorp Group records 132% growth in profits to N136.7b

Transcorp Power Limited

Transnational Corporation Plc has recorded 132 per cent growth in Profit Before Tax, PBT to N136.7 billion in the operating year ended December 2024 from  N58.8 billion in the previous year.

The Company disclosed this in its audited results for the year, which showed that the surge in PBT was driven by a 107 per cent increase in revenue to N408 billion in 2024 from N197 billion in the previous year.

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