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Nigerian Aviation Handling Company Plc (Nigeria)

Main Activities: Scheduled Freight Air Transportation | Nonscheduled Air Transportation
Full name: Nigerian Aviation Handling Company Plc Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Nigerian Aviation Handling Company PLC (nahco aviance) is a fully privatized public concern owned by over 80,000 individual shareholders, three foreign airlines and Rosehill Group Nigeria Limited. Although Nigerian Aviation Handling Company PLC (Nahco Aviance) was incorporated as a Limited Liability company on December 6th 1979 under the Nigerian Enterprise Promotion Decree, it actually started operations in April 1979 with the commissioning of the Murtala Muhammed International Airport, Lagos. The Federal Government through Federal Airports Authority of Nigeria (FAAN) was vested with 60% equity holding while four foreign airlines namely; Air France, British Airways, Sabena and Lufthansa shared the remaining 40% in various ratios.

Headquarters
Nahco Aviance House, Murtala Muhammed International Airport, P.M.B 013, Po Box 312 513, Mmia, Ikeja
Lagos; Lagos;

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Website: http://www.nahcoaviance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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26.95%
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9.17%
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7.13%
Subsidiaries
Nahco Energy And Power Limited
Nahco Ftz Limited
Company Performance
Financial values in the chart are available after Nigerian Aviation Handling Company Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
-4.51%
Total operating revenue
53.8%
Operating profit (EBIT)
72.28%
EBITDA
68.65%
Net Profit (Loss) for the Period
42.53%
Total assets
88.24%
Total equity
16.33%
Operating Profit Margin (ROS)
23.01%
Net Profit Margin
10.99%
Return on Equity (ROE)
5.83%
Quick Ratio
-0.13%
Cash Ratio
-0.02%

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