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ASL declares 15 kobo dividend

Airline Services and Logistics Plc, following a profit of N240.7 million, has announced a dividend of N0.15 per share for shareholders for its 2010 financial year.

According to its audited financial statements for the year ended December 31, 2010, presented to the NSE, its profit- after-tax grew by 32.87 per cent to N240.7 million from N181.155 million recorded in its 2009 financial year.

Its turnover, however, dipped by 6.9 per cent to N3.67 billion from N3.942 billion recorded in 2009, while it recorded a profit-before-tax of N241.02 million compared to a profit-before-tax of N396.27 million in 2009.


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