SAHCOL Posts N3bn Revenue, N11.42m Profit in Six Months - THISDAYLIVE

SAHCOL Posts N3bn Revenue, N11․42m Profit in Six Months

Shareholders of Skyway Aviation Handling Company Plc yesterday announced its unaudited financial results for the half year ended June 30, 2020, showing a decline in the revenue and profits, indicating the challenges encountered in the review period.

Administrative expenses were reduced from N1.153 billion to N1.108 billion, making the company to close the H1 with a profit before tax of N143.491 million. However, profit after tax dipped by 93 per cent from N171.503 million to N11.428 million.

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