My people, you no go believe wetin I just hear! NAHCO, the Nigerian Aviation Handling Company, don drop bomb news wey go make any businessman smile. Dem record better profit, wey make $N18 billion$ for 2025, na im be 40% more than wetin dem make last year, wey be $N12.865 billion$.
The whole revenue sef don jump from $N53.54 billion$ to $N65.21 billion$, na 21.8% increase! No be small matter o, this one mean say dem dey do something wey dey work for dem side. Even their gross profit don rise to $N38.61 billion$, from $N33.08 billion$. Wetin you talk say we go call this? Na win-win!
Omo, administrative expenses no change much even as dem dey rise well. Dem remain around $N13.89 billion$ compared to $N13.82 billion$ wey dem carry last year come. E mean say dem dey manage their money well, no wahala at all. Operating profit too don shine, jump to $N24.84 billion$, wey na 25% increase.
But wait, make I tell you again, profit before tax don increase 30% to $N24.256 billion$ from $N18.702 billion$. E clear say na good year for dem! Earnings per share don increase to $9.24 from $6.60. This one wey dem dey do na serious lifting. Dem even increase dividend per share 134%, so shareholders dey happy like say dem won enjoy Christmas today!
NAHCO Group Managing Director, Olumuyiwa Olumekun, talk say this kind performance na the result of their strategic growth plan wey dey work like jollof rice for party. E add say dem don put plenty investment for technology and human capacity wey be wetin they need to stay ahead for the aviation sector.
Olumekun talk say them dey invest for export processing and warehouses all over Nigeria, to fit support di country’s aim for one trillion dollar economy. Na correct way to take benefit shareholders too, my people. He say the results wey dem get for 2025 show say dem dey on track to achieve wetin dem plan.
He conclude say, “We don invest plenty for our equipment and people, and e dey show for wetin we dey do. We go still maintain our position as the total logistics group wey dey support economic growth for Nigeria, wey go still give better returns to our shareholders.” Na wetin dem talk! Make we dey watch this NAHCO, dem fit surprise us again.
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