Transnational Corporation of Nigeria Plc announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was NGN 18,306.090 million compared to NGN 26,302.393 million a year ago. Operating income was NGN 5,153.171 million compared to NGN 8,459.412 million a year ago. Net income was NGN 643.819 million compared to NGN 2,256.734 million a year ago. Basic earnings per share was NGN 0.0158 compared to NGN 0.0555 a year ago.