Transcorp Hotels Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 10,733.68 million compared to NGN 7,945.26 million a year ago. Net income was NGN 2,013.07 million compared to NGN 852.68 million a year ago. Basic earnings per share from continuing operations was NGN 0.2 compared to NGN 0.08 a year ago. Diluted earnings per share from continuing operations was NGN 0.2 compared to NGN 0.08 a year ago.
For the six months, sales was NGN 18,983.69 million compared to NGN 14,986.27 million a year ago. Net income was NGN 2,487.57 million compared to NGN 1,721.62 million a year ago. Basic earnings per share from continuing operations was NGN 0.24 compared to NGN 0.17 a year ago. Diluted earnings per share from continuing operations was NGN 0.24 compared to NGN 0.17 a year ago.