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NAHCO Excites Investors With 1,527% Return on Investment

Business1 min read
NAHCO Excites Investors With 1,527% Return on Investment

NAHCO Plc has thrilled investors with a remarkable 1,527% return on investment over the past 12 years, making it one of the best-performing stocks on the Nigerian stock market. Technical analysis of the Nigerian Exchange NGX revealed that NAHCO's share price has surged by 1,527% from August 2013 to August 2015, with the share price standing at N5 million per share in August 2013 and closing at N5 million per share recently.

Market analysts attribute NAHCO's success to its distribution capacity, government privatization program, and continuous growth and operational improvements. The company's financial report for the first half of 2025 showed a significant increase in revenue, gross profit, operating profit, net profit, and earnings per share, indicating a strong financial performance and potential for increased dividend payouts.

NAHCO's diverse business interests in aviation ground handling, airport management, aviation training, free trade zone, commodity export, and energy solutions.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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