Transnational Corporation Plc (Transcorp) has reported a growth of over 1800% in its profit after tax for Q1 2024.
The Company reported revenue of N88.552 billion for the 3 months period, up by 173.36% from N32.393 billion reported in Q1 2023.
Profit after grew year on year by 1,832.41% to N35.922 billion from N1.859 billion reported the previous year.
Earnings per share of the Company stands at 88 kobo.
At the share price of N14, the P/E ratio of Transcorp stands at 15.84x with earnings yield of 6.31%.