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Trans-Nationwide Express Plc (Nigeria)

Main Activities: General Freight Trucking | Couriers and Express Delivery Services
Full name: Trans-Nationwide Express Plc Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Trans-Nationwide Express Plc was incorporated in 1984 as TNT Skypak Nigeria Limited, a private company. The name was changed to Trans-Nationwide Express Plc in 1992 as a Public Limited Company. It sought and obtained listing on the Nigeria n Stock Exchange (1st tier) in 1993. With a share capital of N100,000,000.00 (One Hundred Million Naira) and over 3,800 shareholders, this wholly owned Nigerian company is a leading total transportation company engaged in express delivery , logistics and freight businesses. At various times, the company has held the franchise for TNT Express worldwide and Bax Global USA, respectively, and currently has a Cooperation Agreement with Hecny Transportation South Africa Pty Limited. TRANEX ranks amongst the first five Express Delivery/Logistics Companies in Nigeria and the only one, so far, quoted on the Nigerian Stock Exchange. With a strategy of acquiring an in-depth knowledge of her customers’ context and needs, and designing solutions fine-tuned to these needs, TRANEX’s ideas and products have resulted in technology- intensive transformations.

Headquarters
Plot 28, Oshodi Apapa Expressway, Oshodi
Lagos; Lagos; Postal Code: 21672

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Website: http://www.tranex-ng.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1984
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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21.7%
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7.5%
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2.4%
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1.6%
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1.6%
Subsidiaries
TRANEX
Company Performance
Financial values in the chart are available after Trans-Nationwide Express Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
-24.53%
Total operating revenue
-23.23%
Operating profit (EBIT)
N/A
EBITDA
-71.09%
Net Profit (Loss) for the Period
-36.45%
Total assets
3.28%
Total equity
-0.06%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-0.57%
Return on Equity (ROE)
-2.38%
Quick Ratio
0.05%
Cash Ratio
-0.03%

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