Skyway Aviation Handling Company (SAHCO) Plc has delivered a strong financial performance for the year ended December 31, 2025, reporting a Profit Before Tax (PBT) of over N12 billion and unveiling plans to expand its operations into the United Arab Emirates (UAE) and other African markets.
The impressive performance was announced at the 16th Annual General Meeting of the company, where management highlighted significant growth driven by increased passenger and cargo handling activities, improved operational efficiency, strategic infrastructure investments, and continued acquisition of modern Ground Support Equipment (GSE).
SAHCO recorded revenue of N44.459 billion in 2025, representing a 54 per cent increase from N28.941 billion posted in 2024. The growth was largely supported by strong performance across its core operations and rising demand for aviation ground handling services across its airport network nationwide.
Profit Before Tax rose sharply to approximately N12.007 billion, compared to N6.486 billion in 2024, while Profit After Tax stood at about N9.742 billion, underscoring the company’s resilience, prudent financial management and commitment to delivering sustainable value to shareholders.
Earnings Per Share also increased significantly to N7.20 from N3.57 in the previous year, reflecting improved profitability and enhanced shareholder value.
Speaking at the Annual General Meeting, SAHCO Chairman, Dr. Taiwo Afolabi, CON, attributed the company’s success to the resilience of its business model, the dedication of its workforce and a consistent 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,” he said.
According to him, the results demonstrate SAHCO’s ability to thrive despite challenging operating conditions while maintaining growth and delivering returns to shareholders.
The company’s financial position also strengthened considerably during the year. Shareholders’ equity increased to N62.21 billion, while total assets rose to N82.69 billion, supported by investments in property, plant and equipment, improved liquidity and a stronger balance sheet.
Looking beyond Nigeria, Dr. Afolabi disclosed that SAHCO has developed strategic plans to expand into the UAE and other African countries as part of its long-term growth agenda.
He explained that the expansion is designed to strengthen the company’s regional and international presence, diversify revenue streams, leverage opportunities within the growing aviation sector and 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 operations in all commercial airports across Nigeria, reinforcing its nationwide footprint and strategic importance within the aviation industry.
The company provides a wide range of services, including passenger handling, baggage and ramp handling, cargo handling, aviation security services, Skyway Premium Lounge operations, crew administration and other aviation-related services.
With record earnings, stronger assets and ambitious international expansion plans, SAHCO says it is positioning itself for the next phase of growth while continuing to create value for shareholders and strengthen its leadership in Nigeria’s aviation services sector.
