- Transcorp Power Plc has released its unaudited financial results for the half-year ended June 30, 2025.
- In line with its commitment to shareholder value, the company has declared an interim dividend of ₦11.25 billion—equivalent to ₦1.50 per 50 kobo ordinary share—subject to applicable withholding tax.
Transcorp Power Plc has released its unaudited financial results for the half-year ended June 30, 2025. The company reported a 52 per cent year-on-year increase in revenue, rising to ₦205.8 billion in 2025 from ₦135.4 billion in the first half of 2024.
The H1 2025 performance was driven by enhanced generation capacity and improved operational efficiency, a reflection of Transcorp Power’s continued investment in infrastructure and service delivery.
Revenue grew by 52 per cent year-on-year to N205.8 billion, from N135.4 billion in H1 2024. Gross profit increased to N77.6 billion, up from N62.9 billion in H1 2024, with a gross margin of 23 per cent. Also, Profit before tax rose by 15 per cent PBT, to N58.7 billion in H1 2025, from N51.0 billion in H1 2024.
In line with its commitment to shareholder value, the company has declared an interim dividend of ₦11.25 billion—equivalent to ₦1.50 per 50 kobo ordinary share—subject to applicable withholding tax.
Chairman Transcorp Power Plc, Emmanuel Nnorom, commented, “Our strong performance in the first half of 2025 highlights our disciplined cost management, efficient operations, and resilience despite economic headwinds. This solid foundation continues to strengthen investor confidence in our long-term value and growth potential.”
MD/CEO Transcorp Power Plc, Peter Ikenga, comments, “Our H1 2025 performance reflects the gains from the continued investment in our plant. We increased generation by 100MW, compared with the same period last year, and we remain committed to creating sustainable value for our shareholders and the country at large. Transcorp Power is confident in sustaining its growth momentum into the second half of 2025, as we fulfil our mission to power Nigeria and Africa.”