2021: Transcorp Hotels Records 114% Growth In Revenue, Votes N717m For Dividend
Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021.
The results published on the Nigerian Exchange NGX, showed a 114 per cent growth in Revenue to N21.74 billion from N10.16 billion as of December 2020, while Gross Profit rose by 143 per cent to N16.23 billion from N6.67 billion.
The Company’s results show an impressive growth in its performance signaling its strong recovery from the impact of the COVID- 19 pandemic in 2020.
The performance also reflects the Company’s resilience and nimbleness, as it consistently leverages innovation to achieve an outstanding performance, breaking occupancy, and revenue records in 2021.
The Company’s results show an impressive growth in its performance signaling its strong recovery from the impact of the COVID- 19 pandemic in 2020.
The performance also reflects the Company’s resilience and nimbleness, as it consistently leverages innovation to achieve an outstanding performance, breaking occupancy, and revenue records in 2021.
