Nigeria’s Transcorp says Q1 pretax profit falls 32 pct




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LAGOS,  – Transnational Corporation said on Thursday its first quarter pretax fell by 31.6 percent 2.57 billion naira ($13 million), a year ago.

Revenue also fell 9.99 billion naira in period end-March against 10.53 billion naira a year ago, said without giving any reason for drop in earnings.

($1 = 198.0000 naira) (Reporting by Oludare Mayowa; Editing by James Macharia)

*(Reuters)*