NAHCO grows profit by 22% to N14.4bn in H1

Nigerian Aviation Handling Company (NAHCO) Plc reported a 22% increase in net profit for the first half of 2026, reaching N10.85 billion. The growth is attributed to strategic investments and operational efficiencies, leading to improved earnings per share for shareholders.
Why it matters
Strong financial performance by major logistics firms in Nigeria indicates resilience in the regional aviation sector despite challenging economic conditions.
Nigerian Aviation Handling Company (NAHCO) Plc sustained its impressive growth trajectory in the first half of 2026, recording a 22 per cent increase in profit as recent strategic investments and corporate management initiatives continued to strengthen its overall performance. NAHCO's six-month financial report for the period ended June 30, 2026, released on the Nigerian Exchange (NGX), showed that West Africa's leading aviation handling and logistics group continued to benefit from increasingly efficient operations and diversified income streams, helping to moderate the impact of adverse operating conditions on its overall performance. The report showed that gross revenue rose to N35.36 billion in the first half of 2026, compared with N32.33 billion in the corresponding period of 2025. Operating profit grew by 25.4 per cent, from N11.64 billion in the first half of 2025 to N14.59 billion in the first half of 2026.
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