SAHCO Reports N12.01bn Profit, Plans UAE, African Expansion

SAHCO PLC announced a profit before tax of N12.01 billion for the financial year ending December 31, 2025, a significant increase from N6.49 billion in 2024. The company's revenue rose to N44.46 billion, up from N28.94 billion the previous year, reflecting robust growth in its core operations.

Earnings per share increased from N3.57 to N7.20, indicating improved shareholder value. Dr.

Taiwo Afolabi, Chairman of SAHCO, attributed this performance to the resilience of the company's business model and the dedication of its workforce. The total equity rose to N62.21 billion, and total assets increased to N82.69 billion, supporting investments in property and equipment.

Looking ahead, SAHCO plans to expand into the United Arab Emirates and African markets to diversify its revenue streams and strengthen its regional and international footprint in the aviation ground handling and logistics services sector.