Transcorp Hotels Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 10,866.38 million compared to NGN 7,668.25 million a year ago. Net income was NGN 1,629.62 million compared to NGN 591.03 million a year ago. Basic earnings per share from continuing operations was NGN 0.16. Diluted earnings per share from continuing operations was NGN 0.16.
For the nine months, sales was NGN 29,850.07 million compared to NGN 22,654.51 million a year ago. Net income was NGN 4,117.18 million compared to NGN 2,302.28 million a year ago. Basic earnings per share from continuing operations was NGN 0.4 compared to NGN 0.22 a year ago. Diluted earnings per share from continuing operations was NGN 0.4 compared to NGN 0.22 a year ago.