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*SAHCO Declares N9.7bn Post-Tax Profit, Deepens Investment Drive Across Nigeria and Beyond*
_By Prince Benson Davies_
⁸Skyway Aviation Handling Company, SAHCO Plc, closed 2025 with strong financial results, reporting N44.459 billion in revenue and N12.007 billion in Profit Before Tax. The performance was unveiled at the company’s 16th Annual General Meeting held for the year ended December 31, 2025.
The N44.459 billion topline reflects a 54 percent jump from the N28.941 billion recorded in 2024. Management linked the growth to higher passenger and cargo volumes, improved turnaround efficiency across its network, and sustained investment in modern Ground Support Equipment, staff training, and infrastructure upgrades at key airports.
Profit Before Tax rose to N12.007 billion, up from N6.486 billion in 2024. Profit After Tax for the period stood at N9.742 billion. Earnings Per Share doubled to N7.20 from N3.57 in the previous year, signaling stronger returns for shareholders.
Speaking to shareholders, SAHCO Chairman, Dr. Barr. Taiwo Afolabi, CON, said the results show the strength of the company’s business model despite operating headwinds. He credited the performance to workforce commitment, customer-focused service delivery, and disciplined financial management.
The company’s balance sheet also strengthened in 2025. Shareholders’ equity increased to N62.21 billion, while total assets climbed to N82.69 billion. The asset growth was driven by new investments in property, plant and equipment, alongside improved liquidity.
On future plans, Dr. Afolabi disclosed that SAHCO has activated a strategic roadmap to extend its services into the United Arab Emirates and select African markets. The move is designed to diversify revenue, capture regional aviation growth, and position the company as a leading ground handling and logistics provider beyond Nigeria.
SAHCO currently remains the only aviation ground handling company with operations in all commercial airports across Nigeria. Its service portfolio covers passenger handling, baggage and ramp operations, cargo and warehousing, aviation security, premium lounge services, and crew administration.
Dr. Afolabi added that the expansion drive will run alongside continued investment in technology, equipment, and human capital to sustain service quality and shareholder value in the years ahead.
