Transcorp Hotels Plc has reported a profit before tax of N9.412 billion for the year ended 31 December 2023.
According to the financial statements reviewed by Nairametrics, Transcorp Hotels reported revenue of N42.701 billion, a 35.81% increase from the N31.442 billion reported the year prior.
A significant portion of this revenue was from room sales, which constitutes about 64% of total revenue. READ THE FULL ARTICLE