AIR Terminal Services (ATS) has transferred a dividend of $2.47 million to the Government following a remarkable 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 majority share in ATS.
A statement from the Ministry of Finance highlighted that the strong financial performance reflects ATS’s successful operational recovery and effective management strategies that led to significant growth.
The record results also emphasize the company’s important role in the tourism sector.
Professor Prasad expressed his gratitude and congratulations to the chairperson of the board, Shradha Sharma, along with the directors, management, and staff for their contributions to the company’s outstanding performance.