Nigerian Aviation Handling Company Plc has stated that its pre-tax profit rose by 315.1 per cent in 2022.

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This, the Ikeja, Lagos based company attributes to strong sales income and business-wide efficiency.

According to the company, it board has recommended an increase of 251 per cent in dividend payouts from N665.93m paid in the 2021 financial year to N2.34bnin the corresponding period of 2022.

It stated that, “Shareholders on the register of the company as of the close of business on May 12, 2023, will receive a dividend per share of N1.20 for the 2022 business year. The dividend will become payable on May 26, 2023.”

The audited report and accounts for the year ended December 31, 2022, released at the Nigerian Exchange showed that group turnover rose by 63.3 per cent from N10.23bn in 2021 to N16.71bn in 2022.