Transcorp Hotels expands profit by 62% to N5.5b
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group, has announced its financial performance for the third quarter of 2023, Q3’23, recording N5.5 billion profit, representing an increase of 62% from N3.4 billion in the corresponding period of 2022, Q3’22. The hospitality company sustained strong growth, recording a 31.76% increase in revenue to N29.9 billion from N22.7 billion the previous …