AIR Terminal Services (ATS) has delivered a $2.47 million dividend to the Government following an impressive 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.
According to a statement from the Ministry of Finance, “The strong financial results underscore ATS’s robust operational recovery and effective management strategies, which have led to significant growth.”
The statement further emphasized that the outstanding performance reflects the company’s vital role in the tourism industry.
Professor Prasad expressed his gratitude and congratulated the chairperson of the board, Shradha Sharma, along with the board directors, management, and staff for the company’s remarkable achievements.