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Precision Air Services Plc (Tanzania)

Main Activities: Scheduled Passenger Air Transportation | Scheduled Freight Air Transportation
Full name: Precision Air Services Plc Profile Updated: August 16, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2022 Available in: English Download a sample report

Precision Air is a public listed Tanzanian airline, which is a leader in providing scheduled flight services to over 17 destinations within and outside Tanzania from its main hub Dar es Salaam. The company operates flights to various towns in Tanzania, including Mwanza, Tabora, Musoma, Shinyanga, Kigoma, Kilimanjaro, Zanzibar, Mtwara, Arusha, and Dar es Salaam, as well as regionally to Nairobi and Mombasa in Kenya, Entebbe in Uganda, Hahaya in the Comoros, and Johannesburg in South Africa. It also provides ground handling services.

Headquarters
Diamond Plaza, 1St Floor, Plot No 162/38, Mirambo Street/Samora Ave
Dar es Salaam; Dar es Salaam;

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Website: http://www.precisionairtz.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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42.91%
Subsidiaries
Precision Handling Limited
100%
Precise Systems Limited
99%
Company Performance
Financial values in the chart are available after Precision Air Services Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TZS. Absolute financial data is included in the purchased report.
Net sales revenue
-6.05%
Total operating revenue
-6.3%
Operating profit (EBIT)
8.16%
EBITDA
-45.53%
Net Profit (Loss) for the Period
4.34%
Total assets
-55.56%
Total equity
-46.61%
Operating Profit Margin (ROS)
0.28%
Net Profit Margin
-0.46%
Return on Equity (ROE)
-3.42%
Debt to Equity Ratio
23.3%
Quick Ratio
0.02%
Cash Ratio
0.01%

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