Transnational Corporation of Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021).
- Revenue for the period was N24.4 billion. (+58.8% YoY)
- Cost of sales was N14.01 billion. (+38.3% YoY)
- Administrative expenses totalled N3.7 billion. (+9.4% YoY)
- Operating profit of N6.9 billion. (+67.3% YoY)
- Profit for the period was N2.04 billion. (+2,426.5% YoY)
- Earnings per share of N0.018. (+244.4% YoY)
See link to results.