First Bank

Sunday, July 21, 2019

‘’Bad News’’ As Transcorp Releases Half Year Report Ended June 2019

Transcorp Plc released its results for the half-year ended June 2019.

 Revenue fell from N54 billion
in 2018 to N37.7 billion in 2019, down 30.1% year on year.

Profit before tax dropped sharply by 57.9% from N11.9 billion in 2018 to N5 billion in 2019.

Profit after tax also declined from N10.8 billion in 2018 to N4.6 billion in 2019

No comments:

Post a Comment