MTN Nigeria’s tax payments increase to N295.4bn in 9 months
From Peter Moses, Lagos Nigerian Aviation Handling Company (NAHCO) Plc sustained its growth trajectory as contained in the interim report and accounts for the nine-month period ended September 30, 2026 released at the Nigerian Exchange (NGX). The report showed that total revenue rose by 16.51 per cent, combining with higher operating margin to expand […]
Nigerian Aviation Handling Company (NAHCO) Plc's interim report for the nine-month period ended September 30, 2026, revealed a 16.51 per cent increase in total revenue, reaching N55.64 billion compared to N47.76 billion in the same period last year. Operating profit expanded by 19.5 per cent, climbing from N18.14 billion to N21.66 billion, while net profit rose by 19.2 per cent, reaching N16.04 billion from N13.46 billion.
Earnings per share increased by 19.2 per cent, standing at N7.20 from N6.04 in the comparable period. The company's dividend cover also improved from 0.97 times to 1.15 times, providing ample room for higher dividend payouts. NAHCO's strong performance demonstrates its leadership in the aviation services industry and the board's commitment to delivering bigger returns to shareholders, who have continued to demonstrate confidence in the group.
Written by urgent.news from Daily Trust's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
