CardinalStone Earnings News - Transnational Corporation of Nigeria Plc - Earnings on path of historic year | InfoWARE Finance
CardinalStone Earnings News - Transnational Corporation of Nigeria Plc - Earnings on path of historic year
(Source: CardinalStone Research, Date: 24-Jul-2017)
CardinalStone Research: Transnational Corporation of Nigeria Plc. H1'17 results - Earnings on path of historic year |
24 July 2017 Good afternoon, Transnational Corporation of Nigeria Plc. (TRANSCORP) H1'17 results just out - Turnover increased by 38% to Based on our last review, the counter has a target price of Other highlights: · On a QoQ basis, revenue increased by 17% to · The power and hospitality subsidiaries benefitted from improved gas supply and the re-opening of the Abuja International Airport respectively. · Owing to a stable exchange rate within the reporting period, foreign exchange loss on financing activities dipped to
Kindly click here for a copy of Transnational Corporation of Nigeria Plc H1'17 results ----------------------------------------------------------------------------------------------------------------------------------------------------------- Transnational Corporation of Nigeria Plc will be hosting an investor and analyst conference call to discuss its H1'17 Financial Performance on Tuesday, 25th July, 2017 at 1400 hours Lagos time (London: 1400 hours, New York: 0900 hours, Johannesburg: 1500 hours) There will also be an opportunity for management to take questions from Investors and Analysts. Please register in advance using the link below TRANSNATIONAL CORPORATION OF NIGERIA PLC H1 2017 INVESTOR/ANALYST CALL Management will be represented by: 1. 1. Adim Jibunoh (President/CEO) 2. 2. Ibikunle Oriola (Group Chief Financial Officer Transcorp Plc) 3. 3. Kalyana Sundaram (MD/CEO, Transcorp Power Limited) 4. 4. Valentine Ozigbo(CEO, Transcorp Hotels Plc) Dialling Details (UK) +44 (0)20 7043 4129 or 0800 327 7280 (South Africa) 0800 982 759 (USA) 1-866-840-9752 or +1-646-663-7922 (Nigeria) +234 (0)18889001 or +234 (0)18889090 Participants Code: 266817# Please find playback details below: (UK) +44 (0)20 7043 4129 or 0800 327 7280 (USA) 1-866-840-9752 or +1-646-663-7922 (Nigeria) +234 (0)18889001 or +234 (0)18889090 Playback Code: 739477# The Investor Presentation will be uploaded to the Investor Relations page on www.transcorpnigeria.com before 0800 hours Lagos Time on Tuesday, 25th July, 2017. ----------------------------------------------------------------------------------------------------------------------------------------------------------- Regards, Damilola Lawal Infrastructure Analyst Analyst Certification As to each security or issuer mentioned in this report, the respective primary research analyst(s) covering that security or issuer hereby certify that their views about the issuers and their securities discussed in this report are accurately expressed and that they have not received and will not receive direct or indirect compensation in exchange for expressing specific recommendations or views in this report. Click here to unsubscribe from this research publication |
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