NAHCO reports N2.82bn as turnover, PAT rises by 91.08% in Q1 2022

Nigerian Aviation Handling Company in the First Quarter of 2022 achieved significant growth in its top line and bottom line figures.

The Company reported a turnover of N2.818 billion for the 3 months period, up by 27.82% from N2.204 billion reported the previous year.

Profit after tax grew by 91.08% to N324.1 million from N169.6 million reported in Q1 2021.

Earnings per share of the Company stands at 20 kobo. At the share price of N6.5, the P/E ratio of NAHCO stands at 32.57x with earnings yield of 3.07%.

Source: NAHCO reports N2.82bn as turnover, PAT rises by 91.08% in Q1 2022 – StocksWatch (stocksng.com)

Related Posts

02

Sep
Business & Economy

SEC launches redesigned website

The Securities and Exchange Commission (SEC) has officially launched its newly redesigned official website, making a significant approach toward enhancing digital engagement, regulatory transparency, and investor protection. The regulator, in a statement on Monday, said the upgrade introduces a modern design, enhanced functionality, and a streamlined user experience aimed at investors, market operators, and the general public. According to […]

01

Sep
Business & Economy

Nigerian Stock Market Extends Losing Streak

The Nigerian stock market closed lower last week, extending its bearish run as profit-taking hit 57 stocks. The All-Share Index (ASI) fell by 0.50%, settling at 140,295.49 points compared to 141,004.14 points in the prior week. Similarly, market capitalization declined by 0.49%, closing at ₦88.769 trillion from ₦89.209 trillion, representing a loss of about ₦440 billion. On[…]