AIR Terminal Services (ATS) has distributed 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 is the largest shareholder in ATS.
According to a statement from the Ministry of Finance, “The strong financial results underline ATS’s robust operational recovery and effective management strategies, contributing to this substantial growth.”
The record performance underscores the company’s significant role in the tourism sector.
Professor Prasad expressed his gratitude and congratulations to Shradha Sharma, chairperson of the ATS board, along with other board members, management, and staff for their contributions to the company’s outstanding performance.