BUSINESS

Q3 2021: NAHCO Boosts Profit By 185.29% To N220.27m

 

 Nigerian Aviation Handling Company Plc. (nahco aviance) a Nigerian diversified enterprise with interests in aviation cargo, aircraft handling, passenger facilitation, crew transportation and aviation training has released its result for  the third quarter ended 30 September, 2021 with 185.29% growth in profit in three months to N220.267 million from N77.207 million in Q3 2020.

The group returned to profit after tax in nine months with N878.406 million from a loss of N65.976 million in 2020.

Revenue for the group rose to N7.448 billion in nine months from N5.180 billion in 2020 while the figure for three months rose to N2.736 billion from N1.604 billion in Q3 2020.

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