Transnational Corporation of Nigeria Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 31,499.9 million compared to NGN 28,825.14 million a year ago. Net income was NGN 3,752.75 million compared to NGN 2,485.87 million a year ago. Basic earnings per share from continuing operations was NGN 0.0923 compared to NGN 0.0612 a year ago. Diluted earnings per share from continuing operations was NGN 0.0923 compared to NGN 0.0612 a year ago.
For the six months, sales was NGN 62,889.03 million compared to NGN 53,260.24 million a year ago. Net income was NGN 5,852.43 million compared to NGN 3,215.61 million a year ago. Basic earnings per share from continuing operations was NGN 0.144 compared to NGN 0.0791 a year ago. Diluted earnings per share from continuing operations was NGN 0.144 compared to NGN 0.0791 a year ago.