AIR Terminal Services (ATS) has distributed a dividend of $2.47 million to the Government, following a record Net Profit After Tax (NPAT) of $16 million for the 2023 financial year. Deputy Prime Minister and Minister of Finance Professor Biman Prasad accepted the dividend on behalf of the Government, which holds the largest share in ATS.
A statement from the Ministry of Finance indicated that these impressive financial results reflect ATS’s strong operational recovery and effective management strategies that have driven significant growth. The statement also emphasized the company’s vital role in the tourism sector.
Professor Prasad extended his gratitude and congratulations to the chairperson of the board, Shradha Sharma, along with the directors, management, and staff members for achieving such remarkable performance.