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

25

May
Business & Economy

Stock Market Review: May 25, 2023

The stock market on Wednesday closed on a positive note with 0.58% growth. The All Share Index and Market Capitalisation stands at 52,927.60 points and 28.819 trillion respectively. In a stock market review with Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The monetary policy committee of CBN has increased MPR to 18.5%. How will this […]

25

May
Business & Economy

Oando kicks-off Sustainable Transport Initiative in Lagos State with launch of Electric-Mass Transit buses

Oando Clean Energy Limited (OCEL) has achieved a groundbreaking milestone with the launch of the first phase of its Sustainable Transport Initiative for Lagos State. The initiative will see OCEL introducing electric buses to LAMATA’s current fleet of buses. The endeavor aims to support the transformation of the State’s public transport system through the development and deployment[…]