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Home Companies Company News

[Corporate Action] NAHCO’s Profit After Tax Drops By 13% to N519 million In Q3’2015

Editor by Editor
October 28, 2015
in Company News
NCAA Approves NAHCO’s New Charges
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Nigerian Aviation Handling Company of Nigeria released its financial results for the nine months ended September 2015.

The result showed that revenue increased by 4.90% from N6 billion in Q3’2014 to N6.3 billion in Q3’2015.

Pre-tax Profits reduced by 16% from N828 million in Q3’2014 to N695 million in Q3’2015.

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See Summary of result below..

NAHCO Plc Q3 201520152014% Change
N’mN’m
Revenue6,3166,0214.90%
Gross Profit2,1682,258-3.99%
Operating Expenses-161-1488.78%
Pre-tax profits695828-16.06%
Profit After Tax519597-13.07%
Share Price (As at Press time) 4.20
Tags: Aviation NewsNews Review
Editor

Editor

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