Skyway Aviation Plc reports Q3 earnings of N168.09 million in third quarter 2021

Skyway Aviation Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

• Revenue during the period was N2.27 billion. (+21.86% YoY)
• Direct cost for the period was N1.17 billion (+26.13%)
• Gross profit stood at N1.10 billion. (+17.65% YoY)
• Operating profit for the period was N241.36 million. (-34.66% YoY)
• Profit before tax of N240.13 million was recorded during the period.
• Profit for the period stood at N168.09million (-48.98%)
• Total assets during the period stood at N23.98 billion. (+839.94mn YoY)
• Earnings per share of 12.42 kobo Vs 24.34 kobo YoY.

See full result here