… Attributes Profit Surge To Robust Revenue Generation, Enhanced Operational Efficiency.
Skyway Aviation Handling Company Plc (SAHCO) has said it recorded an impressive financial performance for the first half of 2025, with unaudited results for the period ended June 30, 2025, raking in a substantial 155.4 per cent increase in profit.
The ground handler attributed the remarkable growth, to robust revenue generation and enhanced operational efficiency.
The company’s revenue soared by 74 per cent to ₦21.063 billion, a significant jump from the ₦12.11 billion recorded during the same period in 2024.
A statement signed by the Head of Corporate Communication, SAHCO Plc, Mrs. Vanessa Uansohia stated that, the increase was propelled by a surge in demand for aviation handling services, the establishment of strategic partnerships, and expansion for both local and regional operation .
She explained that investments in workforce development, infrastructure upgrades, adherence to stricter industry regulations, and a concerted effort towards operational efficiency and revenue optimisation were pivotal in translating these gains into an exceptional bottom-line performance.
These factors, she said led to the profit after tax surging by 155.4 per cent , highlighting the company’s resilience and strategic acumen.
Commenting on the impressive on the half year results, the 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.”
SAHCO Plc reiterated its unwavering commitment to maintaining service excellence, investing in technological innovation, and expanding its operational footprint.
These strategic initiatives, the ground handling company pointed out are aimed at solidifying its leading position within the ground handling and logistics sector.
