March 31, 2023.Thank you for reading this post, don't forget to subscribe!
The Board of Directors of Transnational Corporation Plc has approved the payment of 5 kobo as dividend to shareholders for the year ended 31 December2022.
The Group reported a turnover of N134.72bn for the 12 months period, up by 21.13% from N111.22 billion reported the previous year.
Transcorp achieved Profit after tax of N16.84 billion for the period under review, down by 29.34% from N23.83 billion reported the previous year.
Earnings per share of the Group stands at 41 kobo.
At the share price of N1.5, the P/E ratio of Transcorp stands at 3.62x with earnings yield of 27.62%. (www.naija247news.com).