Transcorp Energy Posts N77.6bn Revenue, Declares N11.25b Interim Dividend In H1

Transcorp Energy Plc has posted a gross revenue of N77.6 billion in its unaudited {financial} outcomes for the half-year ended June 30, 2025.

Consistent with its progress trajectory, the corporate has declared an interim dividend of N11.25 billion, equal to N1.50 per share, reflecting its dedication to rewarding shareholders.

The Firm’s income grew by 52 per cent year-on-year to N205.8 billion in 2025, towards N135.4 billion in H1 2024.

Price of gross sales rose to N128.185 billion as towards N72.467 billion in H1 2024; whereas gross revenue elevated to N77.6 billion, up from N62.9 billion in H1 2024, with a gross margin of 23 per cent.

Revenue earlier than tax rose by 15 per cent to N58.7 billion in H1 2025 from N51.0 billion in H1 2024; whereas revenue after tax stood at N44.045 billion from N36.777 billion. Earnings per share of the Firm as of June 2025 amounted to N5.87  from N4.90 in H1 2024.

The corporate’s whole property stood at N522.526 billion larger than N396.782 billion as at December 31, 2024.

Transcorp Energy stated the H1 2025 efficiency was pushed by enhanced era capability and improved operational effectivity, a mirrored image of Transcorp Energy’s continued funding in infrastructure and repair supply.

It said that the efficiency highlighted Transcorp Powers’s means to take care of profitability, regardless of inflationary pressures and overseas change volatility, supported by efficient pricing methods and price administration, in addition to the Firm’s dedication to delivering important returns to shareholders, with the improved dividend.

Chairman of Transcorp Energy, Emmanuel Nnorom stated, “our robust efficiency within the first half of 2025 highlights our disciplined value administration, environment friendly operations, and resilience regardless of {economic} headwinds. This stable basis continues to strengthen investor confidence in our long-term worth and progress potential.”

MD/CEO Transcorp Energy, Peter Ikenga, said that, “our H1 2025 efficiency displays the features from the continued funding in our plant. We elevated era by 100MW, in contrast with the identical interval final yr, and we stay dedicated to creating sustainable worth for our shareholders and the nation at massive.

Transcorp Energy is assured in sustaining its progress momentum into the second half of 2025, as we fulfill our mission to energy Nigeria and Africa.”

Transcorp Energy is considered one of Nigeria’s principal energy era firms and an electricity-generating subsidiary of Transnational Company Plc, with strategic investments within the energy, hospitality, and power sectors. Transcorp Energy is dedicated to creating worth, driving {economic} progress, and making certain social items by way of entry to the electrical energy provide.