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)

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