
Transcorp Power Reports 165% Profit Surge and Announces N37.5bn Dividend Amid Power Sector Challenges
Despite the difficulties faced by the power sector, including frequent grid collapses, Transcorp Power Plc has achieved significant financial growth. The company reported a 165% increase in Profit After Tax, rising from N30.2 billion in 2023 to N80.01 billion in 2024. This was announced by the company’s Chairman, Mr. Emeka…