Transcorp Hotels PLC 2023 AR2
The report highlights Transcorp Hotels Plc's financial and operational performance for the fiscal year 2023, achieving a record occupancy rate of 81% and a 36% revenue growth to N41.5 billion. The company successfully navigated economic challenges, including inflation and foreign exchange volatility, while its shares became the best-performing stock on the Nigerian Exchange. In sustainability, the company saved over 63,343 kg of food waste, recycled 21,492 kg of waste, and reduced CO2 emissions by 73.87 MT per month. Additionally, the company maintained strong corporate governance, achieving free float compliance on the Nigerian Exchange and retaining its diversity, equity, and inclusion award.
Company: Transcorp Hotels PLC
Sector: Consumer Discretionary
Country: Nigeria
Year: 2023
Type: AR2
Pages: 176
Transcorp Hotels PLC
Annual Report
The report highlights Transcorp Hotels Plc's financial and operational performance for the fiscal year 2023, achieving a record occupancy rate of 81% and a 36% revenue growth to N41.5 billion. The company successfully navigated economic challenges, including inflation and foreign exchange volatility, while its shares became the best-performing stock on the Nigerian Exchange. In sustainability, the company saved over 63,343 kg of food waste, recycled 21,492 kg of waste, and reduced CO2 emissions by 73.87 MT per month. Additionally, the company maintained strong corporate governance, achieving free float compliance on the Nigerian Exchange and retaining its diversity, equity, and inclusion award.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees