July 24, 2017/InvestmentOne Research

Transcorp released its Q2 2017 results earlier today.

Please find key highlights of the Q2 2017 results below:

·         Revenue of N18.4bn, up +16.7% q/q; up +58.9% y/y

·         Profit before tax of N2.8bn, against a loss after tax of –N12.9bn in Q2 2016

·         Profit after tax of N2.7bn, against a loss after tax of –N13.4bn in Q2 2016

Please click to download a copy of the financial statements.