Our community narratives are driven by numbers and valuation.
Executive Summary Trans-Nationwide Express Plc reported continued operating weakness for the nine-month period ended September 30, 2025, as subdued demand and persistent cost pressures weighed on financial performance. Revenue declined sharply amid softer logistics volumes, reflecting macroeconomic challenges, intensified competitive pressures and weakening consumer spending.Read more

Strong 9M performance despite FX cost drag; business fundamentals remain solid Executive Summary Nigerian Aviation Handling Company plc delivered a strong financial performance for the nine-month period ended 30 September 2025, supported by sustained aviation traffic growth, increased ground handling demand, and operational resilience. Revenue grew 41% YoY to ₦47.76bn , driven by higher passenger/cargo volumes and improved pricing in ground handling services.Read more

Executive Summary Skyway Aviation Handling Company Plc delivered a robust financial performance for the nine months ended September 30, 2025, achieving significant growth in turnover and profitability driven by strong aviation handling demand, enhanced operational efficiency, and capacity expansion efforts. Revenue surged 57% YoY to ₦31.7 billion , supported by higher passenger handling, cargo processing volumes, and stronger pricing across aviation support services.Read more

Executive Summary ABC Transport Plc (“ABC Transport” or “the Group”) delivered a robust performance for the nine months ended 30 September 2025, with significant revenue growth, improved operational efficiency, and higher profitability compared to the prior period. The Group’s revenue increased 48% YoY to ₦11.92 billion, driven by higher transport service volumes and contract execution, while the Company’s revenue rose 60% YoY to ₦6.27 billion.Read more

Red Star Express Plc projects a net cash inflow of ₦145.67 million for the second quarter of 2025 (July–September), signaling strong operational cash generation capacity even amid ongoing capital expenditure and debt servicing. The company expects to end the quarter with ₦726.71 million in cash and cash equivalents , up from ₦581.04 million at the start of the period.Read more
