SAHCO Plc reports 155.45% profit

Skyway Aviation Handling Company Plc (SAHCO) has announced its unaudited half-year financial results for the period ended June 30, 2025, reporting a remarkable 155.4% increase in profit, driven by strong revenue growth and operational efficiency.

The company recorded a revenue of ₦21.063 billion, representing a 74% increase compared to ₦12.11 billion posted in the same period in 2024. This substantial growth was supported by an increased demand for aviation handling services, strategic partnerships, and operational expansion both locally and regionally.

In addition, workforce development, infrastructure upgrades, compliance with enhanced industry regulations, operational efficiency and revenue optimisation translated into an exceptional increase in bottom-line performance, with profit after tax surging by 155.4%, underscoring the company’s resilience and strategic focus.

Chairman of SAHCO Plc, Dr. Taiwo Afolabi, said, “This outstanding performance reflects the dedication of our team, the loyalty of our clients, and our strategic focus on sustainable growth. As the aviation sector continues to rebound, SAHCO is well-positioned to build on this momentum and deliver even greater value to shareholders and stakeholders.”

The company reaffirmed its commitment to maintaining service excellence, investing in technological innovation, and expanding its footprint to solidify its leadership in the ground handling and logistics sector.

Skyway Aviation Handling Company Plc is a leading provider of aviation ground handling in Nigeria, with a presence in all the commercially operated airports in Nigeria. SAHCO offers passenger, ramp, cargo, warehousing, and aviation premium lounge services to both domestic and international airlines, ensuring safety, efficiency, and service quality across the aviation value chain.

Wole Shadare