By InvestAdvocate

Lagos (INVESTADVOCATE)- Nigerian Aviation Handling Company Plc (NAHCO) said on Wednesday its profit after tax (PAT) for the period ended December 31, 2015 declined 5.4 percent to N537.79 million from N568.55 million posted a year earlier.

On the flipside, pretax profit inched up 3.6 percent to N796.79 million from N769.45 million declared the corresponding period of 2014.

Similarly, revenue of NAHCO grew marginally from N8.133 billion in 2014 end to N8.499 billion in the review period of 2015 end; showing a slight growth of 4.5 percent, the company said in a filing with the Nigerian Stock Exchange (NSE).

The board of directors of the NAHCO proposed a dividend payout of 20 kobo per share to its investors same amount paid in 2014 audited year end, NAHCO also in 2014 offered a 1 for 10 bonuses to its shareholders.

Shares of the company at the close of today’s trading on the domestic bourse declined 2.50 percent to N3.90 from N4.00 traded the previous session; losing 0.10 kobo per share.