TRANS NATIONWIDE EXPRESS : EARNINGFORCAST

March 7, 2023

The General Manager,

Head, Quotation / Listings Department,

Nigerian Exchange Group,

The Exchange House,

8th, 9th & 23rd Floors,

2/4, Customs Street,

Lagos.

Dear Sir,

EARNINGS AND PROFIT FORECASTS FOR THE SECOND QUARTER ENDED JUNE

30, 2023.

Please find below summary of the Company Earnings and Profit forecasts for the second quarter ended JUNE 30, 2023.

	FORECAST TOTAL
	FOR PERIOD ENDED
	JUNE 30 (2023)
	=N=('000)
REVENUE	580,397
COST OF SALES	162,487
GROSS PROFIT	417,910
ADMINISTRATIVE EXPENSES	(343,827)
OTHER INCOME	18,435
FINANCIAL COST	(15,901)
PROFIT BEFORE TAX	76,617
FORECAST TAX	(24,517)
PROFIT AFTER TAX	52,100

Thank you.

Yours faithfully,

For: TRANS-NATIONWIDE EXPRESS PLC

VINCENT IHEMENWA

Ag. Head of Finance

March 7, 2023

The General Manager,

Head, Quotation / Listings Department,

Nigerian Exchange Group,

The Exchange House,

8th, 9th & 23rd Floors,

2/4, Customs Street,

Lagos.

Dear Sir,

EARNINGS AND PROFIT FORECASTS FOR THE SECOND QUARTER ENDED JUNE

30, 2022.

Please find below summary of the Company Earnings and Profit forecasts for the second quarter ended JUNE 30, 2022.

Thank you.

Yours faithfully,

For: TRANS-NATIONWIDE EXPRESS PLC

VINCENT IHEMENWA

Ag. Head of Finance