DON'T MISS ANYTHING!
Subscribe to our newsletter
Get the latest news, personalised insights, and must-read stories from Jafriq Radio straight to your inbox with our free newsletters.
Listeners:
Top listeners:
LISTEN NOW: JafriQ Radio Live On Jafriq Radio
[ad_1]
Transcorp Hotels Plc, yesterday on the Nigerian Exchange Limited (NGX) announced its third quarter (Q3) ended September 2024 unaudited result and accounts with a strong performance from top to bottom.
The hospitality subsidiary of Transcorp Group announced N48.49 billion revenue in Q3 2024, about 67 per cent increase from N28.97 billion in Q3 2023.
The remarkable revenue growth is fueled by strategic pricing initiatives and robust sales efforts across all business segments, with a particular emphasis on the targeted Group and International Business segments.
From the profit & loss figures, Transcorp Hotels declared N16.44 billion profit before tax in Q3 2024, about 192 per cent increase from N5.64billion reported in Q3 2024 as profit after tax stood at N10.24 billion in Q3 2024, about 146 per cent increase from N4.07 billion recorded in Q3 2023.
The company’s occupancy rate grew to 83per cent in Q3 2024 from 79per cent in Q3 2023.
The Group Company Secretary, Transcorp Hotel, Stanley Chikwendu in a statement stated that the company has demonstrated prudence in resources management as its operating expenses margin improved year-on-year by four percentage points, a testament to the company’s dynamism in navigating market landscapes.
He added that “The outstanding results posted by the Company not only highlight its resilience, it also demonstrates its unwavering commitment to delivering consistent value through strategic focus on enhancing customer experience, driving operational efficiency, and fostering innovation in service delivery.”
Get the latest in African news delivered straight to your inbox
Almost finished…
We need to confirm your email address.
To complete the process, please follow the instructions in the email we just sent you.
There was a problem processing your submission. Please try again later.
Commenting on the Q3 2024 results, the Managing Director/CEO, Transcorp Hotels, Dupe Olusola in a statement said, “Transcorp Hotels Plc is proud to maintain a remarkable growth trajectory, reflecting our unwavering commitment to enhancing shareholder value. Our award-winning customer service and exceptional properties position us as the premier gateway to Nigeria’s rich hospitality and cultural experiences.
“In the coming weeks, we will unveil another landmark addition to our flagship brand, further expanding our offerings. This is line with our mission to redefine hospitality in Africa. We remain steadfast in our dedication to delivering value to our stakeholders.”
The Chief Financial Officer, Transcorp Hotels, Oluwatobiloba Ojediran in a statement said, “We are pleased with the excellent performance achieved in the third quarter of 2024. The steady improvement in our operating expense margin, along with significant total profit growth, highlight the resilience of our business model and the effectiveness of our cost management strategies.
“Our unwavering commitment to financial discipline and operational excellence has been instrumental in sustaining our growth trajectory, even in the face of rising inflation and other economic challenges”.
[ad_2]
Source link
Written by: jafriqradio
africa Business Business and Finance Company News current events economy news Nigeria Politics sports trade travel Travel and Tourism West Africa
Get the latest news, personalised insights, and must-read stories from Jafriq Radio straight to your inbox with our free newsletters.
创建Binance账户 on April 9, 2025
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
binance on April 17, 2025
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
neurotrauma on August 18, 2025
Grapes being high in resveratrol, are identified to
be kidney-friendly. It helps soothe the general kidney function by not being too harsh
on the kidney. Dietary Supplements containing sugar absolutely will break
your fast, and ones containing artificial sweeteners shouldn’t
but would possibly. This allows their physique to concentrate on breaking down the
food in a single fixed stream earlier than switching back to breaking down the body’s fat shops.
Fasting is a time period where the participant goes without eating any food,
and sometimes even goes as far as avoiding water as nicely.
Dividing the day by day quantity into smaller doses and consuming creatine with meals can considerably reduce these short-term results.
Body composition adjustments turn into extra noticeable after four to eight weeks of
constant use. The preliminary puffiness decreases whereas muscle definition improves.
Muscle creatine loading basically alters muscle metabolism, allowing cells to recycle ATP more effectively throughout high-intensity efforts.
When paired with proper resistance training, this contributes to elevated
muscle mass. The scientific evidence centers on shortly saturating muscle tissue to maximise creatine’s ergogenic advantages.
Meta-analyses affirm its advantages for growing
energy, energy output, and lean mass across
diverse populations.
With correct planning and execution, creatine supplementation is usually a useful addition to a
fasting regimen, helping you achieve muscle development, improved
performance, and better general well being. Tailoring the timing of
your creatine intake to enhance your fasting and exercise schedule is vital to achieving the best possible outcomes from
each practices. Creatine, then again, is a naturally occurring compound in the physique that plays a critical position in vitality manufacturing, significantly for short bursts of high-intensity actions.
It’s saved within the muscular tissues and used to provide ATP (adenosine
triphosphate), the first power service in cells.
Creatine supplementation is in style for enhancing physical performance, growing energy, and supporting
muscle recovery. Importantly, creatine itself incorporates no energy and does not instantly affect glucose or hormone levels within the bloodstream.
Creatine may play a task in decreasing blood sugar and decreasing diabetes risk.
If you observe an intense resistance-training program, inadequate creatine
supplementation can lead to depleted creatine stores — and
stalled progress. Your upkeep dose stays an integral
factor in how quickly and persistently you
see results from creatine. If you’re able to experience the transformative results of creatine, begin right now with a high-quality complement like
creatine monohydrate. Be constant, observe your progress, and pair it with a well-rounded
fitness plan for the best results. A doctor ought to be seen if your creatinine ranges are high
to find a way to identify the underlying cause and
create a suitable treatment strategy. If left
untreated, kidney dysfunction5 or damage
indicated by high creatinine ranges might be dangerous.
Depending on the underlying cause of your elevated
creatinine ranges, your physician could advise life-style modifications, medication,
or other remedies.
One small study accomplished on rats advised that it did have an effect on your body’s insulin ranges, inflicting a slight elevation. Any impression on your glucose levels technically breaks your quick, even if you’re
not consuming energy. In this case, taking creatine dietary
supplements does break the quick, and while this
take a look at was carried out on rats, many times it’s accomplished as a precursor to human testing with related outcomes.
Usually, you’ll get creatine from food – meats like beef, pork, and a few fish, as well as milk and cranberries.
If you’re actually serious about it, you can take a creatine supplement as a
pre-workout to jumpstart your system or as a post-workout to help your
muscle tissue get well.
The impact of creatine is measured over the long run,
and it is potential that even throughout these periods of pause, the advantages felt on energy and
power stay. Without carbohydrates, creatine is much less well absorbed,
and the desired results are much less effective.
In other words, there’s much less level in taking it pure, unaccompanied by a carbohydrate
ration. Incorporate cinnamon in your food regimen by including it to heat beverages, smoothies,
baked goods, cereals, and different meals.
You’ll have a plan to use creatine throughout your fast
with out breaking it and optimizing your results.
Urea is a waste product made when protein is broken down in your physique.
Urea is made in the liver and handed out of your body in the urine.
If your kidneys are damaged and may’t work as they should, the quantity of creatinine in your
urine goes down while its degree in your blood goes up.
There’s no excellent time, but most research helps taking creatine after your exercise alongside a
carb or protein source for optimum uptake. That said, taking it constantly is more necessary than timing.
Instead of specializing in red meats for protein, turn to other foods,
similar to lettuce, cabbage, carrots, sprouts, radishes, cauliflower, cucumbers, turnips and cranberries.
Sodium is liable for the body retaining more water, which ends up in less frequent urination and better creatinine levels in the body.
It is advisable to stay away from meals with excessive sodium, such as fatty meals, quick foods and heavily processed items.
It can be a good suggestion to restrict the amount of salt you add to already ready meals
at lunch or dinner table.
There are many myths concerning creatine, its results on your body and insulin levels,
and whether or not creatine poses risks in relation to fasting.
Depending on the underlying trigger, lowering the creatinine ranges
of the body would possibly take weeks to months. Nonetheless, good vitamin and hydration, together with the guidance your of your physician and his suggestions
may help you decrease your creatinine ranges. People
with high levels of creatinine could expertise some of these symptoms.
As you begin creatine supplementation, a loading phase allows your body to soak up further quantities of the compound to build an energy stock.
Primarily, you’re creating a power provide able to be tapped.
When you first begin taking creatine, you presumably can select to begin with
a loading phase. This phase sometimes involves taking
grams of creatine per day, split into 4-5 servings.
References:
neurotrauma
https://enoticias.site/ on August 18, 2025
best creatine to gain muscle fast
References:
creatine on intermittent fasting, https://enoticias.site/,
Valley.Md on August 20, 2025
oral dianabol cycle
References:
Valley.Md
wehrle on August 21, 2025
how many iu of hgh does the body produce
References:
wehrle
valley.md on August 22, 2025
is dmaa legal
References:
valley.md