Transcorp Hotels Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 7,945.26 million compared to NGN 4,804.89 million a year ago. Net income was NGN 823.5 million compared to NGN 93.35 million a year ago. Basic earnings per share from continuing operations was NGN 0.08 compared to NGN 0.01 a year ago. Diluted earnings per share from continuing operations was NGN 0.08 compared to NGN 0.01 a year ago.
For the six months, sales was NGN 14,986.27 million compared to NGN 8,774.58 million a year ago. Net income was NGN 1,721.62 million compared to net loss of NGN 110.32 million a year ago. Basic earnings per share from continuing operations was NGN 0.17 compared to basic loss per share from continuing operations of NGN 0.01 a year ago. Diluted earnings per share from continuing operations was NGN 0.17 compared to diluted loss per share from continuing operations of NGN 0.01 a year ago.