Transcorp Hotels PLC 2016 Annual Report with Sustainability Disclosures
The report highlights Transcorp Hotels Plc's financial and operational performance for the fiscal year ended December 31, 2016. Despite economic recession in Nigeria, the company achieved a 9% increase in turnover to N14.6 billion and a 4% increase in profit after tax to N3.7 billion. Key milestones included the commencement of the Transcorp Hilton Abuja upgrade project and the turnaround of Transcorp Hotels Calabar, which recorded its first profit since 2012. The company also received multiple international accolades, including five awards from the World Travel Awards and the Seal of Excellence from the Seven Stars Luxury Hospitality and Lifestyle Awards.
Company: Transcorp Hotels PLC
Sector: Hospitality & food services
Country: Nigeria
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 102
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Transcorp Hotels PLC
Annual Report & Financial Statements
The report highlights Transcorp Hotels Plc's financial and operational performance for the fiscal year ended December 31, 2016. Despite economic recession in Nigeria, the company achieved a 9% increase in turnover to N14.6 billion and a 4% increase in profit after tax to N3.7 billion. Key milestones included the commencement of the Transcorp Hilton Abuja upgrade project and the turnaround of Transcorp Hotels Calabar, which recorded its first profit since 2012. The company also received multiple international accolades, including five awards from the World Travel Awards and the Seal of Excellence from the Seven Stars Luxury Hospitality and Lifestyle Awards.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees