Travel Restrictions: SAHCO suffers 92% decline in Q2 profit

SAHCO NAHCO Q2 result

Skyway Aviation Handling Company Plc (SAHCO), reported revenues of N3.1 billion in the second quarter of 2020 compared with N3.5 billion in the same period in 2019. This represents an 11.9 per cent decrease relative to the same period last year. SAHCO Plc, formerly known as Skypower Aviation Handling Company Plc, prior to its privatization, is 100 per cent owned by the Sifax Group, and incorporated as an Aviation Ground Handling Service Provider under the Nigerian Company & Allied Matters Act of 1990. SAHCO Plc’s  duties involve all the actions…

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