Passenger, cargo traffic boost SAHCO revenue

By Dickson Omobola

Skyway Aviation Handling Company, SAHCO PLC, has recorded a revenue of N44.459,365 billion for the year ended December 31, 2025, reflecting growth driven by increased passenger and cargo handling activities, improved operational efficiency, and continued investments in modern Ground Support Equipment, GSE, workforce development and strategic infrastructure expansion.

This was disclosed at the 16th edition of the company’s Annual General Meeting.

In terms of profitability, SAHCO reported a Profit Before Tax, PBT, of approximately N12.007 billion, compared to N6.486 billion achieved in 2024, demonstrating strong year-on-year growth.

Profit After Tax, PAT, also stood at approximately N9.742 billion for the 2025 financial year. The company recorded a strong financial performance, with revenue rising by 54 per cent to approximately N44.459,365 billion compared to N28.941,270 billion) in 2024.

Profit Before Tax stood at approximately N12.264 billion, while Profit After Tax amounted to about N9,741,650 billion.

Earnings Per Share increased to N7.20, up from N3.57 in the previous year, reflecting significant year-on-year growth and improved shareholder value.Top of Form

Speaking at the Annual General Meeting, SAHCO Chairman, Dr Taiwo Afolabi, attributed the performance to the resilience of the Company’s business model, the dedication of its workforce, and its sustained focus on operational excellence, customer satisfaction, and strategic expansion.

He said: “The 2025 financial performance reflects the resilience of our business model, the commitment of our workforce, and our unwavering focus on operational excellence, customer satisfaction, and strategic expansion.”

He added that the results demonstrate SAHCO’s ability to navigate a challenging operating environment while maintaining growth and delivering value to shareholders.

Shareholders’ equity also grew strongly to N62.21 billion, reflecting solid financial positioning and long-term value creation capacity.

Total assets rose significantly to N82.69 billion, supported by investments in property, plant, and equipment, as well as improved liquidity and overall balance sheet strength.

The post Passenger, cargo traffic boost SAHCO revenue appeared first on Vanguard News.