SAHCO records 155.4% profit in H1

Skyway Aviation Handling Company Plc (SAHCO) has announced unaudited half-year financial results for the period ended June 30, 2025, reporting a remarkable 155.4 per cent increase in profit, driven by strong revenue growth and operational efficiency.

The company said it recorded a revenue of N21.063 billion, representing a 74 per cent increase compared to N12.11 billion posted in the same period in 2024. This substantial growth was supported by an increased demand for aviation handling services, strategic partnerships, and operational expansion both locally and regionally.

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Taiwo Afolabi, Chairman of SAHCO Plc, commented: “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.”

The company reaffirmed its commitment to maintaining service excellence, investing in technological innovation, and expanding its footprint to solidify its leadership in the ground handling and logistics sector.

Ifeoma Okeke-Korieocha

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.