Transcorp Energy Plc has reported a powerful monetary efficiency for the 12 months ended December 31, 2025, recording a 30 % year-on-year improve in income to ₦398.27 billion, up from ₦305.94 billion within the prior 12 months.
The audited outcomes, launched on Thursday, underline the corporate’s bettering operational effectivity, balance-sheet power, and increasing era capability amid Nigeria’s ongoing energy sector reforms.
Gross revenue for the 12 months rose to ₦162.44 billion, representing a 14 % improve from ₦142.21 billion in 2024, whereas revenue after tax climbed to ₦91.42 billion from ₦80.01 billion within the earlier 12 months.
Earnings per share elevated to ₦12.19 from ₦10.67.
Stability Sheet Growth and Decrease Debt
Transcorp Energy’s asset base expanded considerably through the 12 months, with complete belongings rising by 42 % to ₦563.48 billion, in contrast with ₦396.78 billion in 2024.
Whole fairness additionally strengthened materially, growing by 44 % to ₦183.40 billion from ₦126.63 billion a 12 months earlier.
The corporate decreased its complete short- and medium-term borrowings to ₦30.7 billion, down from ₦37.7 billion as of December 2024, highlighting deliberate efforts to deleverage its stability sheet and enhance monetary resilience.
Administration disclosed that over ₦7 billion in borrowings was paid down through the 12 months, reinforcing the corporate’s disciplined capital administration technique.
Operational Efficiency and Capability Development
Based on the corporate, operational enhancements have been supported by elevated era capability and plant availability. The return of fuel turbine GT20 added 100 megawatts to the nationwide grid from January 3, 2025, lifting general output through the 12 months.
Common out there capability elevated from 417MW to 550MW, whereas common era output improved regardless of persistent challenges linked to grid stability and transmission constraints.
Dividend Proposal
On the again of the stronger earnings profile, Transcorp Energy proposed a full-year dividend of ₦5.50 per share for the 2025 monetary 12 months.
The proposed payout includes an interim dividend of ₦1.50 per share paid on August 18, 2025, and a remaining dividend of ₦4.00 per share.
The proposed dividend represents a ten % improve over the earlier 12 months’s payout, underscoring administration’s confidence within the firm’s cash-flow outlook and earnings sustainability.
Board and Administration Commentary
Chairman of the Board, Emmanuel Nnorom, mentioned the corporate stays targeted on long-term worth creation whereas supporting Nigeria’s financial growth.
“We stay devoted to bettering lives and reworking Africa, guaranteeing operational excellence and making strategic investments that ship sustainable, long-term worth to our shareholders, whereas additionally powering Nigeria’s socioeconomic growth.”
He added that the corporate’s strengthened monetary place underpinned the proposed dividend improve.
Managing Director and Chief Government Officer, Peter Ikenga, mentioned the outcomes replicate sustained operational focus and capability growth.
“Our FY 2025 outcomes replicate our steadfast dedication to operational excellence, sustainable development, strategic market growth and enhanced era capability which proceed to gas vital income development, enabling us to persistently generate energy to the nationwide grid.”
He famous that efficiency remained resilient regardless of transmission bottlenecks.
“However the community transmission line points, our FY 2025 efficiency remained sturdy and displays our steadfast dedication to operational excellence and sustainable development.”
Ikenga added that the corporate will proceed to interact related stakeholders, together with the Transmission Firm of Nigeria, to enhance evacuation capability from its Ughelli plant in 2026 and past.
Strategic Outlook
Transcorp Energy continues to place itself as a key participant in Nigeria’s energy era panorama, leveraging scale, operational stability, and monetary self-discipline to help grid reliability and the nation’s power transition aims.
The corporate is an influence era subsidiary of Transnational Company Plc, which has pursuits spanning energy, power, and hospitality.
With rising capability, a stronger stability sheet, and a rising dividend profile, Transcorp Energy’s 2025 outcomes reinforce its standing as certainly one of Nigeria’s most worthwhile listed energy era firms.
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