Nigerian Aviation Handling Company (NAHCO) Plc recorded three-digit growth across incomes and profitability in a remarkable first-half performance that strengthens the earnings outlook of the West Africa’s leading aviation handling group.
Half-year report and accounts of NAHCO for the six-month period ended June 30, 2025, released at the Nigerian Exchange (NGX), showed that the leading aviation handling group doubled group revenue by 102.06 per cent to N32.33 billion in first half 2025 as against N16.0 billion recorded in the comparable period of 2024.
Gross profit grew by 117.73 per cent from N8.80 billion to N19.16 billion. Operating profit jumped by 126.9 per cent to N11.64 billion in first half 2025, as against N5.13 billion in the first half of 2024.