Transcorp Power Declares N41.25bn Dividend on Stronger 2025 Earnings
Translated from English, summarized and contextualized by DistantNews.
TLDR
- Transcorp Power Plc declared a N41.25 billion dividend for the 2025 financial year, citing improved earnings from higher generation output and operational efficiency.
- The company's revenue increased to N398 billion in 2025 from N305.9 billion in 2024, with profit after tax rising by 14.25% to N91.4 billion, despite macroeconomic challenges.
- The Nigerian Electricity Supply Industry's reforms, including a N4tn debt reduction plan, are expected to improve liquidity and investor confidence in the power sector.
Transcorp Power Plc has once again demonstrated its financial strength and commitment to shareholders by declaring a substantial dividend of N41.25 billion for the 2025 financial year. This payout, recommended by the Board of Directors and approved at the 13th Annual General Meeting in Abuja, underscores the company's robust performance amidst a challenging economic landscape.
The Board of Directors have recommended a full dividend of N5.50 per share comprising the interim dividend of N1.50k and a final dividend of N4.00 per share for approval at the 13th Annual General Meeting, being a total dividend of N41,250,000,000.
Despite persistent macroeconomic headwinds, including elevated inflation and tight monetary conditions, Transcorp Power achieved significant growth. Revenue climbed to N398 billion in 2025, a notable increase from N305.9 billion the previous year, while profit after tax saw a healthy 14.25% rise to N91.4 billion. This resilience is a testament to the company's disciplined cost management and strategic operational efficiencies, particularly in enhancing generation capacity and securing fuel supplies.
The company delivered a resilient performance in 2025 despite macroeconomic and sectoral pressures, underpinned by stronger generation capacity and disciplined cost management.
The company's leadership, including Chairman Emmanuel Nnorom and MD/CEO Peter Ikenga, highlighted the positive impact of ongoing reforms in the Nigerian Electricity Supply Industry. The Federal Government's N4tn Presidential Power Sector Debt Reduction Plan is seen as a crucial step towards resolving long-standing liquidity issues and bolstering investor confidence. This initiative is expected to create a more stable and attractive environment for power generation companies like Transcorp Power.
Despite these global challenges, Transcorp Power demonstrated resilience through proactive cost management and strategic sourcing, ensuring uninterrupted operations and sustained value creation for our stakeholders.
From our perspective at The Punch, Transcorp Power's consistent delivery of value to shareholders, even in the face of operational hurdles like grid constraints and infrastructure deficits, is a story of Nigerian enterprise overcoming adversity. The company's ability to increase its available capacity to 625MW and its proactive approach to diversifying fuel sources signal a forward-looking strategy that positions it for sustained growth and profitability. This performance is not just a win for the company but a positive indicator for the broader Nigerian economy and its aspirations for reliable power supply.
The Federal Government’s N4tn Presidential Power Sector Debt Reduction Plan is expected to improve liquidity and restore investor confidence in the sector.
DistantNews Editorial
Originally published by The Punch in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.
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