Skyway Aviation Handling Company (SAHCO) PLC has announced “a strong financial performance for the year ended December 31, 2025, reporting a revenue of N44.459,365 billion, reflecting significant 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 at the 16th edition of the company’s Annual General Meeting.”
A statement by the Head, Corporate Communications, Mrs. Adetola Vanessa Uansohia said, “In terms of profitability, SAHCO reported a Profit Before Tax (PBT) of approximately ₦12.007 billion, compared to ₦6.486 billion achieved in 2024, demonstrating strong year-on-year growth. Profit After Tax (PAT) also stood at approximately ₦9.742 billion for the 2025 financial year. These results underscore the Company’s resilience, prudent financial management, and unwavering commitment to delivering sustainable value to shareholders while maintaining its position as a leading provider of aviation ground handling services in Nigeria.”
According to the statement in 2025, SAHCO recorded “a strong financial performance, with revenue rising by 54% to approximately Forty-four billion, Four Hundred and Fifty-nine naira (₦44.459,365 billion), compared to Twenty-eight billion, Nine hundred and Forty-one naira, Two hundred and seventy Naira (₦28.941,270 billion) in 2024. Profit Before Tax stood at approximately Twelve billion, two hundred and sixty-four naira (₦12.264 billion), while Profit After Tax amounted to about Nine billion, Seven hundred and forty-one thousand, Six hundred and fifty naira (₦9,741,650 billion).”
The statement added that the “Earnings Per Share increased to Seven Naira and Twenty kobo (₦7.20), up from Three Naira and Fifty-Seven kobo (₦3.57) in the previous year, reflecting significant year-on-year growth and improved shareholder value.”Top of Form
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Revenue growth was supported by strong performance across SAHCO’s core operations, which increased across its airport network nationwide and rising demand for aviation ground handling services.”
SAHCO Chairman, Dr. Barr. Taiwo Afolabi, CON, 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.”
“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,” Barr. Afolabi said.
Barr. Afolabi added that “the results demonstrate SAHCO’s ability to navigate a challenging operating environment while maintaining growth and delivering value to shareholders”.
In addition, Dr. Barr. Taiwo Afolabi, CON, disclosed that “SAHCO has developed strategic plans to expand its operations into the United Arab Emirates (UAE) and other African markets as part of its long-term growth strategy.” He noted that “the initiative is aimed at strengthening the Company’s regional and international presence, diversifying revenue streams, leveraging opportunities within the growing aviation industry, and positioning SAHCO as a leading aviation ground handling and logistics service provider across Africa and beyond, while continuing to deliver sustainable value to shareholders.”
L-R: Executive Director, Cargo Services and Operations, Skyway Aviation Handling Company (SAHCO) PLC, Mrs. Boma Ukwunna; Executive Director, Finance, Admin Services & Projects, SAHCO, Mr. Abiodun Adegbesan; Managing Director/ CEO, SAHCO, Mrs. Adenike Aboderin; Chairman, SAHCO and SIFAX Group, Dr. Barr. Taiwo Afolabi CON; Company Secretary, SAHCO, Ms. Jesuyemisi Odeyemi; Executive Director, Business Development and IT, SAHCO, Mr. Babatunde Afolabi at the AGM.