Transcorp Hotels Plc announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was NGN 3,360.755 million compared to NGN 5,728.222 million a year ago. Operating income was NGN 233.696 million compared to NGN 1,058.373 million a year ago. Net loss was NGN 1,049.906 million compared to net income of NGN 121.234 million a year ago. For the full year, sales was NGN 10,152.245 million compared to NGN 20,404.533 million a year ago. Operating loss was NGN 3,200.284 million compared to operating Income of NGN 5,322.482 million a year ago. Net loss was NGN 8,979.827 million compared to net income of NGN 615.568 million a year ago. Basic loss per share from continuing operations was NGN 0.88 compared to basic earnings per share from continuing operations of NGN 0.08 a year ago.