By Seun Ibiyemi
Skyway Aviation Handling Company Plc (SAHCO) has reported a strong financial performance for the year ended December 31, 2025, recording a revenue of N44.46 billion, driven by increased passenger and cargo handling activities, improved operational efficiency, and continued investments in infrastructure and equipment.
The company disclosed its financial results at its 16th Annual General Meeting, where management highlighted significant growth across key performance indicators despite operating in a challenging business environment.
According to the audited results, SAHCO posted a Profit Before Tax (PBT) of N12.01 billion in 2025, compared to N6.49 billion recorded in 2024, representing a substantial year-on-year increase.
Profit After Tax (PAT) stood at N9.74 billion, while revenue rose from N28.94 billion in 2024 to N44.46 billion in the review period, reflecting strong performance across the company’s core aviation ground handling and logistics operations.
The company also recorded a significant increase in earnings per share, which climbed to N7.20 from N3.57 in the previous year, indicating enhanced value creation for shareholders.
Speaking at the meeting, Chairman of SAHCO, Dr. Taiwo Afolabi, attributed the impressive performance to the resilience of the company’s business model, the dedication of its workforce, and its sustained focus on operational excellence and customer satisfaction.
“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,” Afolabi said.
He added that the results demonstrate SAHCO’s ability to navigate a complex operating environment while maintaining growth momentum and delivering returns to investors.
Further highlighting the company’s financial strength, Afolabi disclosed that shareholders’ equity increased to N62.21 billion, reflecting strong financial positioning and long-term value creation.
Total assets also grew to N82.69 billion, supported by investments in property, plant and equipment, as well as improved liquidity management.
Looking ahead, the chairman revealed plans to expand the company’s operations into the United Arab Emirates and other African markets as part of its long-term growth strategy.
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According to him, the expansion drive is aimed at broadening SAHCO’s regional and international presence, diversifying revenue sources, and taking advantage of opportunities within the rapidly growing global aviation sector.
He noted that the strategy would further position the company as a leading aviation ground handling and logistics services provider across Africa and beyond.
SAHCO currently remains the only aviation ground handling company with operational presence in all commercial airports across Nigeria, reinforcing its position as one of the country’s most extensive aviation service providers.
