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 largest shareholder in ATS.
A statement from the Ministry of Finance noted that the impressive financial results reflect ATS’s strong operational recovery and effective management strategies, which have driven significant growth. The statement also emphasized the company’s important role in the tourism sector.
Professor Prasad expressed gratitude and congratulations to the chairperson of the board, Shradha Sharma, along with the board directors, management, and staff for the company’s outstanding performance.