Transcorp Power Plc has recorded a 23.3 per cent growth in its profit before tax, PBT to N77.6 billion in the first half of 2025, H125 from N62.9 billion in the same period of 2024, H129.
The disclosed this in its unaudited financial statements released yesterday.
According to the company, the growth in profitability was driven by 52 per cent, year-on-year, YoY increase in revenue to N205.8 billion from N135.4 billion in H124.
Consequently, profit after tax, PAT rose by 15 PBT, to N58.7 billion in H125, from N51 billion in H124.