Press Release on Afcom setting benchmark in Transshipment at Velana International Airport
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Awaiting price reaction for this filing.
Afcom Holdings announced it uplifted the highest-ever volume of transshipment cargo into Velana International Airport (MLE, Maldives) in July 2025, making it the single largest contributor to a record-breaking month for the airport. The company stated its share of MLE's monthly transshipment volume has grown significantly within just six months from the start of 2025. Afcom highlighted the Maldives as a strategic junction linking South Asia, Southeast Asia, and the Middle East, with transshipment now a core pillar of its growth strategy. For FY25, the company reported total income of ₹24,254.16 Lakhs, EBITDA of ₹7,260.82 Lakhs, and net profit of ₹4,842.23 Lakhs, with a current fleet of two Boeing 737-800 BCF aircraft.
This is a positive operational update highlighting market share gains in a strategic growth corridor, which could support investor sentiment around Afcom's transshipment business. However, the filing is a press release and does not contain new financial guidance or order wins, so near-term stock price reaction may be limited.