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 is the majority shareholder in ATS.
A statement from the Ministry of Finance noted that these impressive financial results reflect ATS’s strong operational recovery and successful management strategies that have led to significant growth. It emphasized the company’s vital role in the tourism sector.
Prof Prasad expressed his gratitude and congratulations to the board chairperson, Shradha Sharma, the ATS board directors, management, and staff for achieving such remarkable performance.