July 14, 2015 / 6:43 PM / 2 years ago

Nigeria's Transcorp says H1 pretax profit falls

LAGOS, July 14 (Reuters) - Transnational Corporation Nigeria’s first-half pretax profit fell by 35.6 percent to 5.16 billion naira ($25.94 million), from a year ago.

Revenue at the conglomerate, which has interests in hotel, power generation, oil and gas, fell to 20.25 billion naira in the period to end-June against 21.21 billion naira last year, the company said without giving any reason for drop in earnings. ($1 = 198.9000 naira) (Reporting by Chijioke Ohuocha; editing by Susan Thomas)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below