Transcorp Hotels Plc reported group and company earnings results for the year ended December 31, 2016. For the year, on group basis the company reported revenue of NGN 15,311,879,000 compared to NGN 13,979,324,000 a year ago. Operating profit was NGN 4,659,401,000 compared to NGN 4,783,170,000 a year ago. Profit before taxation was NGN 5,234,986,000 compared to NGN 5,377,968,000 a year ago. Profit for the year was NGN 4,095,404,000 or 54 kobo per basic and diluted share compared to NGN 3,497,341,000 or 46 kobo per basic and diluted share a year ago. Net cash generated from operating activities was NGN 4,971,441,000 compared to NGN 7,996,442,000 a year ago. Purchase of property, plant and equipment was NGN 10,465,133,000 compared to NGN 15,475,601,000 a year ago. Purchase of intangible assets was NGN 65,206,000 compared to NGN 16,242,000 a year ago. Net debt was NGN 18,874,650,000 compared to NGN 5,367,266,000 a year ago. For the year, on company basis the company reported revenue of NGN 14,559,553,000 compared to NGN 13,383,004,000 a year ago. Operating profit was NGN 4,636,291,000 compared to NGN 4,885,836,000 a year ago. Profit before taxation was NGN 5,201,787,000 compared to NGN 5,476,152,000 a year ago. Profit for the year was NGN 3,733,593,000 or 49 kobo per basic and diluted share compared to NGN 3,574,872,000 or 47 kobo per basic and diluted share a year ago. Net cash generated from operating activities was NGN 3,592,255,000 compared to NGN 4,318,609,000 a year ago. Purchase of property, plant and equipment was NGN 8,861,773,000 compared to NGN 7,922,075,000 a year ago. Purchase of intangible assets was NGN 65,206,000 compared to NGN 16,242,000 a year ago. Net debt was NGN 18,930,750,000 compared to NGN 5,553,718,000 a year ago.