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Transcorp posts higher half-year profit on big boost in energy business

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Sales accelerated to N82.1 billion from N62.9 billion following sharp rises in income from energy businessKeywords/p

By PREMIUM TIMES’ estimate, the Elumelu family now holds a 36 per cent stake in the firm.

Pre-tax profit stood at N18.5 billion, 38.6 per cent higher than one year earlier, while after-tax profit jumped to N16.1 billion from N12 billion.

 

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