WorldStage– Logistics and courier services provider Trans-Nationwide Express Plc (TRANEX) has released its earnings and profit forecast for the fourth quarter ending December 31, 2026, projecting a Profit After Tax (PAT) of ₦8.96 million.
According to the regulatory filing submitted to the Nigerian Exchange Group (NGX) on September 3, 2026, signed by Head of Finance Bamidele Jimoh, the company targets a total revenue of ₦257.09 million for the period.
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Key Financial Highlights (Q4 2026 Forecast):
Revenue: ₦257.09 million
Cost of Sales: (₦112.54 million)
Gross Profit: ₦144.55 million
Administrative Expenses: (₦132.24 million)
Other Income: ₦1.35 million
Finance Cost: (₦80,000)
Profit Before Tax (PBT): ₦13.57 million
Forecast Tax: (₦4.62 million)
Profit After Tax (PAT): ₦8.96 million
The projections indicate a gross profit margin of approximately 56.2%, though operational overheads remain high, with administrative costs expected to absorb roughly 91.5% of gross profits for the final quarter.
