Transcorp Hotels Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 7,668.25 million compared to NGN 5,826.66 million a year ago. Net income was NGN 591.03 million compared to NGN 853.87 million a year ago.
For the nine months, sales was NGN 22,654.51 million compared to NGN 14,601.24 million a year ago. Net income was NGN 2,312.65 million compared to NGN 743.13 million a year ago. Basic earnings per share from continuing operations was NGN 0.23 compared to NGN 0.07 a year ago. Diluted earnings per share from continuing operations was NGN 0.23 compared to NGN 0.07 a year ago.