Nigeria, Dec. 23 -- The Nigerian aviation services company Nigerian Aviation Handling Company Plc (NAHCO) had an 85% increase in after-tax profit in the first nine months of 2024, primarily due to financing income.

After-tax profit increased from N4.96 billion in the same period of 2023 to N9.18 billion in the nine months of 2024.

Subsequent investigation shows that throughout the studied period, the company's financing income was N109.3 million, compared to a negative N4.12 million.

In the first nine months of 2024, revenue climbed to N33.9 billion from N18.5 billion in 2023.

Within the next five years, NAHCO Plc wants to increase its entire group revenue by N300 billion.

NAHCO's group executive director for international business a...