We are also refreshing our facilities; we do not wait till everything falls apart before we put them together. NAHCO, which provides aircraft, passenger, and cargo handling and other related services, weathered the storm to end 2017 with higher profit after tax (PAT). Specifically, the company recorded a turnover of N7.926 billion in 2017, compared with N7.956 billion in 2016. Finance cost was reduced from N545 million in 2016 to N213 million in 2017, while Profit After Tax stood at N776 million in 2017 from N581 million in 2016. According to the results released by the NSE, NAHCo reported a turnover of N2.188 billion in Q1 of 2018, up from N1.786 billion in the corresponding period of 2017.

Source: The Guardian February 01, 2019 03:45 UTC