SAHCO Reports N12.01 bn Profit for FY 2025, Plans Expansion into Africa and UAE

Kayode Tokede  

Skyway Aviation Handling Company (SAHCO) Plc announced a robust financial performance for the year ended December 31, 2025. Revenue reached N44.46 billion, up from N28.94 billion in 2024, driven by higher passenger and cargo handling volumes, improved operational efficiency, and continued investment in modern Ground Support Equipment (GSE), workforce development, and infrastructure expansion.

At its 16th Annual General Meeting, the company reported a Profit Before Tax (PBT) of N12.01 billion, compared with N6.49 billion in 2024, and a Profit After Tax (PAT) of N9.74 billion. Earnings per share rose to N7.20 from N3.57 the previous year, reflecting enhanced shareholder value.

Chairman Dr. Taiwo Afolabi attributed the results to the resilience of SAHCO’s business model, the dedication of its workforce, and a 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,” he said. He added that the results demonstrate the company’s ability to navigate a challenging operating environment while sustaining growth and delivering value to shareholders.

Shareholders’ equity increased to N62.21 billion, and total assets rose to N82.69 billion, supported by investments in property, plant, and equipment and improved liquidity.

Looking ahead, Afolabi revealed that SAHCO is pursuing expansion into the United Arab Emirates (UAE) and other African markets as part of its long‑term growth strategy. The move aims to strengthen the company’s regional and international footprint, diversify revenue streams, and capitalize on opportunities in the growing aviation industry. He noted that the strategy will position SAHCO as a leading aviation ground handling and logistics service provider across Africa and beyond.

SAHCO remains the only aviation ground handling company with operational presence at all commercial airports in Nigeria, underscoring its nationwide footprint. The company offers a range of services, including passenger handling, baggage and ramp handling, cargo handling, aviation security, Skyway Premium Lounge services, and crew administration.