Transcorp Power's N43.3bn Q1 Profit Shows Strong Growth — Akelicious

Transcorp Power's N43.3bn Q1 Profit Shows Strong Growth — Akelicious

Transcorp Power Plc has posted a profit before tax of N43.3 billion in its unaudited results for the first quarter (Q1) ended March 31, 2025. The company, which is the power subsidiary of Africa’s leading and listed conglomerate, Transnational Corporation Plc grew its pre-tax profit by 50 per cent, from N28.8 billion in Q1, 2024 to N43.3 billion in Q1, 2025. Net profit stood at N32.637 billion compared to N20.141 billion in Q1, 2024, while earni…

CEO Ikenga Tells Strategy Behind Transcorp Power's Outstanding Q1 2025 Performance

CEO Ikenga Tells Strategy Behind Transcorp Power’s Outstanding Q1 2025 Performance Peter Ikenga, the Chief Executive Officer and Managing of Transcorp Power, has revealed strategies behind the outstanding Q1 2025 performance of the power company. The Chief Executive Officer and Managing Director of Transcorp Power, Mr Peter Ikenga, has reacted to the outstanding Q1 2025 performance of the power company. Transcorp Power, with Africa’s business le…