Transcorp Hotels pretax profit rises by 192%

Transcorp Hotels’ profit before tax increased by 192 per cent to N16.44bn in the third quarter of 2024 from N5.64bn in Q3 2023. Post-tax profit also rose by 146 per cent to N10.24bn during this period from N4.07b recorded in Q3 2023. This was disclosed in its unaudited Q3 results filed with the Nigerian Exchange