Transcorp Hotels PLC 2022 AR2
The report highlights Transcorp Hotels Plc's record-breaking financial performance in 2022, achieving its highest-ever annual revenue of N31.4 billion, a 47% increase from 2021. The company expanded its digital footprint by upgrading and relaunching its hospitality tech platform, Aura 2.0, which brought its rooms under management to 6,521. In sustainability, the company advanced its ESG initiatives, including the "Soap for Hope" recycling project, tree planting, and the "Business Empowerment Programme for Women" which empowered eight women in fashion. Additionally, the company successfully made the final payment to bondholders, completely extinguishing its bond liability.
Company: Transcorp Hotels PLC
Sector: Consumer Discretionary
Country: Nigeria
Year: 2022
Type: AR2
Pages: 172
Transcorp Hotels PLC
Annual Report
The report highlights Transcorp Hotels Plc's record-breaking financial performance in 2022, achieving its highest-ever annual revenue of N31.4 billion, a 47% increase from 2021. The company expanded its digital footprint by upgrading and relaunching its hospitality tech platform, Aura 2.0, which brought its rooms under management to 6,521. In sustainability, the company advanced its ESG initiatives, including the "Soap for Hope" recycling project, tree planting, and the "Business Empowerment Programme for Women" which empowered eight women in fashion. Additionally, the company successfully made the final payment to bondholders, completely extinguishing its bond liability.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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