Trans-Nationwide Express Plc reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NGN 111.53 million compared to NGN 146.4 million a year ago. Net income was NGN 2.4 million compared to NGN 16.55 million a year ago. Basic earnings per share from continuing operations was NGN 0.01 compared to NGN 0.04 a year ago.
For the full year, sales was NGN 536.82 million compared to NGN 698.63 million a year ago. Net income was NGN 32.6 million compared to NGN 61.68 million a year ago. Basic earnings per share from continuing operations was NGN 0.07 compared to NGN 0.1 a year ago.