Nigerian cargo-handling firm posts fourfold jump in profit

Nigerian Aviation Handling Company Plc has reported a profit before tax of N3.79 billion for the 2022 financial year, compared to N924.86 million a year earlier.

NAHCO said on Monday that its revenue jumped to N16.37 billion last year from N10.23 billion in 2021.

“The Board is hopeful of continuous improvement in the group’s performance in 2023 and beyond,” the company said in the summary of its unaudited financial statements for the year ended Dec. 31, 2022.

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