Transnational Corporation of Nigeria Plc announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was NGN 19,422.314 million compared to NGN 20,515.710 million a year ago. Operating income was NGN 6,020.446 million compared to NGN 5,915.837 million a year ago. Net loss was NGN 255.033 million compared to net income of NGN 777.014 million a year ago. Basic loss per share from continuing operations was NGN 0.0063 compared to basic earnings per share from continuing operations of NGN 0.0191 a year ago. For the nine months, sales was NGN 54,378.464 million compared to NGN 58,278.065 million a year ago. Operating income was NGN 15,538.073 million compared to NGN 17,083.398 million a year ago. Net loss was NGN 1,381.241 million compared to net income of NGN 2,520.981 million a year ago. Basic loss per share from continuing operations was NGN 0.034 compared to basic earnings per share from continuing operations of NGN 0.062 a year ago.