Transnational Corporation of Nigeria Plc reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NGN 32,393.84 million compared to NGN 31,389.13 million a year ago. Net income was NGN 1,048.25 million compared to NGN 2,099.68 million a year ago.

Basic earnings per share from continuing operations was NGN 0.0258 compared to NGN 0.0517 a year ago. Diluted earnings per share from continuing operations was NGN 0.0258 compared to NGN 0.0517 a year ago.