BUSINESS
SAHCOL Records 93.33% Drop In Profit To N7.2m In Q1 2022

Skyway Aviation Handling Company Plc (SAHCo) which is into provision of services including aircraft/ramp handling, cargo handling, passenger handling, premium lounge, aviation security and baggage reconciliation has released its condensed statement of profit or loss and other comprehensive income for the three months ended 31 March, 2022 with 93.33% drop in profit for the period to N7.158 million from N93.369 million in Q1 2021
Revenue for the Q1 however rose by 20.09% to N2.558 billion from N1.997 billion in Q1 2021.