Nigerian Aviation Handling Company (NAHCO) on Thursday published its Audited Report for the year ended 31 December 2023.
The Group reported revenue of N28.4 billion for the 12 months period, up by 69.98% from N16.7 billion reported in FY 2022.
Profit after tax grew year on year by 107.2% to N5.54 billion from N2.67 billion reported the previous year.
Earnings per share of NAHCO stands at N2.84.
At the share price of N32, the P/E ratio of NAHCO stands at 11.26x with earnings yield of 8.88%.
Dividend of N2.54 amounting to N4.951 billion has been proposed to shareholders. The dividend if approved will be subjected to withholding tax at 10%.