Transcorp Power Plc, a subsidiary of Transnational Corporation Plc, has announced its audited financial results for the year ended December 31, 2025, posting revenue of N398.27bn, up from N305.94bn in the 2024 financial year, reflecting robust growth.
A statement from the firm outlines the key highlights of the results, including revenue: N398.27bn (up 30 per cent year-on-year from N305.94bn in 2024); gross profit: N162.44bn (up 14 per cent from N142.21bn in 2024); profit after tax: N91.42bn (up 14 per cent from N80.01bn in 2024); and earnings per share: N12.19 (up from N10.67 in 2024)Others are total borrowings: N30.7bn (down from N37.7bn in 2024); total assets: N563.48bn (up 42 per cent from N396.78bn in 2024); and total equity: N183.40bn (up 44 per cent from N126.63bn in 2024).The firm said the impressive results were driven by enhanced generation capacity, including the return of GT20, which added 100MW to the national grid from January 3, 2025, significantly improving overall generation output.
Chairman of the Board, Emmanuel Nnorom, said, “We remain dedicated to improving lives and transforming Africa, ensuring operational excellence and making strategic investments that deliver sustainable, long-term value to our shareholders, while also powering Nigeria’s socioeconomic development.”
He added, “The confidence in our financial position allows us to propose a full-year dividend of ₦5.50k per share for 2025, comprising an interim dividend of ₦1.50k paid on August 18, 2025, and a final dividend of ₦4.00k, representing a 10 per cent increase from the previous year’s dividend.