NGX removes BLS placed on Transcorp Hotels
Transcorp Hotel

The half Year financial report of Transcorp Hotel Plc for the period ended June 30th 2023 reveals that the company grew by 26.67% in Turnover closing at N18.984 billion from the previous close of N14.986 billion in 2022.

The Profit after Tax (PAT), advanced by 45.52% to arrive at N2.46 billion above N1.69 million recorded in H1’22.

The company grew its shareholders’ Earning Per Share (EPS) by over 45.52% better than EPS recorded same period last year in H1’22.

At a reference price of N37.5, the PE Ratio stood at 157.9x with earnings yield of 0.63%.

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