Finance

Transcorp Revenue Falls 13% to N241.5 Billion as Power Constraints Weigh on Earnings

Published

4 months ago

July 23, 2026

Joseph Imo

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Transnational Corporation Plc reported lower revenue and profit for the six months ended June 30, 2026, as gas supply shortages and electricity-grid constraints affected the performance of its power businesses. Revenue declined by 13.4 percent to N241.5 billion from N279 billion in the corresponding period of 2025. Profit before tax fell by 11.4 percent to […]

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Joseph Imo

I am a seasoned journalist known for my incisive reporting and unwavering commitment to journalistic integrity. As a key member of the nop.ng team, I specialize in delivering balanced coverage of socio political developments and cultural affairs throughout Nigeria. Driven by a passion for uncovering the truth regardless of the complexity of the issue I have established myself as a trusted voice in Nigeria’s dynamic media landscape, continually striving to empower my audience with clear, contextually rich news.