By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE) – Aviation servicing company, Nigerian Aviation Handling Company (NahcoAviance) said on Friday its 2014 audited period profit after tax (PAT) climbed down 30.4 percent to N568.55 million from N817.22 million a year earlier, NAHCO said in a filing with the Nigerian Stock Exchange (NSE).

Also, profit before tax (PBT) declined 22.1 percent to N769.45 from N988.07 million in 2013 end.

Revenue inched up slightly by 0.5 percent to N813 million from N8.09 million recorded last year.

However, the company declared a dividend of 20 kobo per share and 1 for 10 bonuses to its shareholders.

In its corporate action to the NSE, closure Date is May 18-22, 2015, while annual general meeting (AGM) and payment date has been scheduled for June 11, 2015 respectively.