NAHCO Aviance Declares N519.47 Million Loss in Q3’15

By InvestAdvocate

Lagos (INVESTADVOCATE)- Aviation cargo, aircraft handling and passenger facilitation company, Nigerian Aviation Handling Company Plc (NAHCO Aviance) said on Wednesday it has posted a loss of N519.47 million in its nine-month period ended September 30, 2015 compared to N597.14 million a year ago.

Profit before tax of NAHCO Aviance dipped 16.04 percent to N695.55 billion from N828.45 billion posted the same period of 2014.

However, revenue climbed up from N6.021 billion to N6.316 billion in the review period of 2015; growing by 4.91 percent, the company said in a filing with the Nigerian Stock Exchange (NSE).

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