[New post] Transcorp’s quarterly profit down by 63% amid forex scarcity

Ronald Adamolekun posted: "Transnational Corporation (Transcorp) witnessed a slump in net profit by 63 per cent or N3.2 billion in the first quarter of 2023 compared to a year ago. The loss was triggered by instability in Nigeria's foreign exchange rates and an increase in the d" Premium Times Nigeria Transcorp's quarterly profit down by 63% amid forex scarcity Ronald Adamolekun Apr 26 The corporation incurred N2.4 billion in foreign exchange loss on borrowings Read more of this post Comment Unsubscribe to no longer receive posts from Premium Times Nigeria. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.premiumtimesng.com/business/business-news/595180-transcorps-quarterly-profit-down-by-63-amid-forex-scarcity.html

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