AIR Terminal Services (ATS) has distributed a $2.47 million dividend to the Government, following a record Net Profit After Tax of $16 million for the 2023 financial year. Deputy Prime Minister and Minister of Finance, Professor Biman Prasad, received the dividend on behalf of the Government, which is the largest shareholder in ATS.
A statement from the Ministry of Finance noted that the impressive financial results demonstrate ATS’s strong operational recovery and effective management strategies that have led to significant growth. It emphasized that the company’s outstanding performance underscores its vital role in the tourism sector.
Professor Prasad expressed his gratitude and congratulations to the chairperson of the board, Shradha Sharma, as well as the board directors, management, and staff for achieving this record performance.