Brands & People

Transcorp Hotels grows profit by 172%

Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group  has said its profit after tax rose by 172 per cent in 2022 financial period. In a statement on its financial results for full year 2022, it said, “The company reported a profit before tax of N4.5bn, a 172 per cent increase year-on-year, having ended 2021 with a PBT of N1.7bn. “It also reported a 47 per cent growth in revenue…
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