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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.
See Summary of result below..
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| NAHCO Plc Q3 2015 | 2015 | 2014 | % Change |
| N’m | N’m | ||
| Revenue | 6,316 | 6,021 | 4.90% |
| Gross Profit | 2,168 | 2,258 | -3.99% |
| Operating Expenses | -161 | -148 | 8.78% |
| Pre-tax profits | 695 | 828 | -16.06% |
| Profit After Tax | 519 | 597 | -13.07% |
| Share Price (As at Press time) | 4.20 |
