Transcorp Hotels Plc announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was NGN 606.425 million compared to NGN 5,116.266 million a year ago. Operating loss was NGN 1,422.501 million compared to operating Income of NGN 1,684.678 million a year ago. Net loss was NGN 2,951.258 million compared to net income of NGN 260.105 million a year ago. Basic loss per share was NGN 0.39 compared to basic earnings per share of NGN 0.03 a year ago. For the half year, sales was NGN 4,781.483 million compared to NGN 9,302.772 million a year ago. Operating loss was NGN 761.817 million compared to operating Income of NGN 2,794.642 million a year ago. Net loss was NGN 3,636.435 million compared to net income of NGN 556.920 million a year ago. Basic loss per share was NGN 0.48 compared to basic earnings per share of NGN 0.07 a year ago.