SAHCO Reports N12bn Profit, Eyes African and UAE Markets

SAHCO, a leading aviation ground handling company, announced a profit before tax of N12.01 billion for the financial year ending December 31, 2025, compared to N6.49 billion in 2024. The company's revenue rose to N44.46 billion from N28.94 billion the previous year, indicating significant growth across its core operations.

Earnings per share increased to N7.20 from N3.57, reflecting improved shareholder value. Dr. Taiwo Afolabi, the chairman of SAHCO, attributed this performance to the resilience of the company's business model and the dedication of its workforce.

The company plans to pursue expansion into the United Arab Emirates and African markets as part of its long-term growth strategy, aiming to diversify revenue streams and strengthen its regional footprint. SAHCO's total assets increased to N82.69 billion, supporting investments in property and equipment, while shareholder equity rose to N62.21 billion, underscoring its strong financial position.