Transcorp Power profit drops 13%, H1 revenue dips to N181.97bn
By Chukwuma Umeorah Transcorp Power Plc reported a 13 per cent decline in profit after tax to N38.50 billion in the first half of 2026 as revenue fell 11.6 per cent to N181.97 billion, with the power generation company attributing the weaker performance to recurring transmission infrastructure vandalism that constrained electricity evacuation. The company’s unaudited…
