Transcorp Hotels sustains profitability despite headwinds, posts N3bn profit

by | March 20, 2018 1:00 am

Transcorp hotels Plc has reported a moderate decline in its 2017 financial performance as the six weeks closure of Abuja airport for runway rehabilitation, coupled with the ongoing renovations/expansion at the Abuja Hilton hotels impacted business and in turn its revenues. Despite the headwinds, the hotel, sustained profitability, with a N12.9 billion turnover for the…

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