The aviation logistics firm Nigerian Aviation Handling Company (NAHCO) Plc has posted an impressive third-quarter performance for the period ended 30 September 2025, reporting a net profit rise of 46 % to ₦18 billion. According to its filings on the Nigerian Exchange (NGX), the company’s revenue climbed to ₦47.76 billion from ₦33.95 billion in Q3 2024, marking a 40.7 % increase.
Gross profit meanwhile rose by 37.1 % to ₦28.43 billion, up from ₦20.74 billion in the same quarter last year.
Operating profit jumped 40.8 % to ₦18.14 billion (previously ₦12.88 billion). Profit before tax also increased to ₦17.94 billion compared with ₦12.29 billion a year earlier. After tax, the net profit stood at ₦13.46 billion, rising from ₦9.18 billion in Q3 2024, a 46.6 % uplift. Earnings per share (EPS) moved up from ₦4.71 to ₦6.91, indicating improved returns for shareholders.
On the balance sheet side, total assets grew from around ₦46.95 billion at end-2024 to ₦48.64 billion by September 2025; shareholders’ funds rose from roughly ₦20.04 billion to ₦21.92 billion over the same span.
Chairman Dr. Seinde Fadeni commented that the third-quarter results “reflected continuing industry leadership as the most preferred aviation logistics group and the ongoing diversification of the group.”
Group Managing Director Mr. Olumuyiwa Olumekun added that NAHCO “has positioned itself at the growth end of Nigeria’s economy with its expansive investments in export processing and warehouses across the country.”
The growth by NAHCO underscores the recovery and expansion of Nigeria’s aviation-logistics sector, sending positive signals for employment, trade and infrastructure investment, which are key drivers for the broader economy, where diversification remains essential to offset oil-dependence and boost sustainable growth.
