Transnational Corporation Of Nigeria Plc operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Transnational Corporation Of Nigeria Plc with three other
electric utilities in Africa:
Kenya Electricity Generating Company Ltd
of KENYA
(2019
sales of 35.77 billion Kenyan Schillings [US$324.83 million]
of which 100%
was Electricity Generation),
Omnicane Ltd
of MAURITIUS
(4.55 billion Mauritian Rupees [US$115.27 million]
), and
Copperbelt Energy Corporation Plc
which is
based in ZAMBIA
(5.29 billion Zambian Kwachas [US$248.26 million]
).
Sales Analysis.
During the year ended December of 2019, sales at
Transnational Corporation Of Nigeria Plc were 76.35 billion Nigerian Naira (US$200.03 million).
This
is
a
sharp
decrease of 26.7%
versus 2018, when the company's sales were 104.16 billion Nigerian Naira.
Contributing to the drop in overall sales was the 35.5% decline
in Power, from 86.74 billion Nigerian Naira to 55.94 billion Nigerian Naira.
.
However, these declines were partially offset by the increase in sales of
Hospitality (up 17.1% to 20.40 billion Nigerian Naira)
.