Transcorp Power Plc, a recently listed company on the Nigerian Exchange has published its Audited Financial Statement for the year ended 31 December 2023.
The Power Company reported a turnover of N142.122 billion for the 12 months period, up by 57.30% from N90.349 billion reported the previous year.
Profit after tax of N30.23 billion was reported for the year under review, up by 74.93% from N17.283 billion reported in FY 2022.
Earnings per share of the Company stands at N4.03.
At the share price of N377, the P/E ratio of Transcorp Power stands at 93.52x with earnings yield of 1.07%.