Transnational Corporation of Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 45,903.1 million compared to NGN 33,356.35 million a year ago. Net income was NGN 3,740.59 million compared to NGN 3,061.22 million a year ago. Basic earnings per share from continuing operations was NGN 0.092 compared to NGN 0.0753 a year ago. Diluted earnings per share from continuing operations was NGN 0.092 compared to NGN 0.0753 a year ago.
For the nine months, sales was NGN 128,026.82 million compared to NGN 96,245.38 million a year ago. Net income was NGN 14,798.6 million compared to NGN 8,913.65 million a year ago. Basic earnings per share from continuing operations was NGN 0.3641 compared to NGN 0.2193 a year ago. Diluted earnings per share from continuing operations was NGN 0.3641 compared to NGN 0.2193 a year ago.