In a stunning display of resilience and strategic prowess, Nigerian Aviation Handling Company (NAHCO) Plc has reported a record-breaking first-half performance, with revenue and profitability surging to unprecedented heights. The aviation handling giant’s half-year results reveal a company on the move, driven by a potent mix of diversified businesses, efficient cost management, and savvy investments in technology and new opportunities.
NAHCO’s revenue doubled to ₦32.33 billion in the first half of 2025, fueled by strong demand for its aviation handling services and effective cost management. Gross profit skyrocketed by 117.73% to ₦19.16 billion, while operating profit leapt by 126.9% to ₦11.64 billion. The company’s pre-tax profit soared by 148.21% to ₦11.79 billion, and net profit after tax rose by 166.7% to ₦8.88 billion.
With earnings per share (EPS) tripling to ₦4.55, NAHCO’s management is optimistic about the company’s future prospects, with a five-year growth strategy in place to drive revenue above ₦300 billion. The company plans to deepen its diversification by building a hotel and growing its commodities export business. NAHCO’s commitment to staff welfare, corporate governance, and profitability has earned it industry recognition, including the Industry Champions Award from the Nigeria Civil Aviation Authority (NCAA).
As NAHCO continues to soar to new heights, its management team is focused on sustained growth, equipment re-fleeting, digitization, and environmental social governance (ESG). With a clear vision and a proven track record of success, NAHCO is well-positioned to achieve its ambitious revenue target and deliver sustained value to its shareholders.
The company’s Group Managing Director, Mr. Olumuyiwa Olumekun, highlighted some operational achievements, including the recertification of the company in three major stations and the commissioning of a new export packaging and processing centre. The company’s focus on sustained growth, equipment re-fleeting, digitization, and environmental social governance (ESG) is expected to drive better performance in the period ahead.
Market analysts believe that NAHCO’s significant and consistent growth trajectory reinforces optimism that the company can achieve its revenue target. The company’s chairman, Dr. Seinde Fadeni, expressed confidence in the company’s ability to deliver sustained value to shareholders, citing NAHCO’s commitment to staff welfare, corporate governance, and profitability. With its strong performance and growth strategy, NAHCO is well-positioned to surpass its 2024 full-year performance and achieve long-term success
A Bright Future Ahead
NAHCO’s strong performance and growth strategy position it well to surpass its 2024 full-year performance and achieve long-term success. The company’s chairman, Dr. Seinde Fadeni, expressed confidence in NAHCO’s ability to deliver sustained value to shareholders. With its diversified businesses and strategic investments, NAHCO is poised for continued growth and success in the aviation industry.
