Q3’23: Skyway Aviation sheds 63.69% in revenue to N3.119bn

Skyway Aviation Plc filed N3.119bn, shedding 63.69% from the Revenue of N8.592bn reported in quarter three of 2022.

For the period under review, Sky Aviation reported a profit of N326mn in the current period from a Profit after tax of N631m reported last same period in 2022.

The earnings per share (EPS) of the firm declined to a N0.24 from N0.47 reported in the third quarter of 2022, with reference to the share price of N25.35, the P.E ratio as calculated stands at 105.15x with earnings yield of 0.95%.

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