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Red Star Express Plc (Nigeria)

Main Activities: Couriers and Express Delivery Services | Warehousing and Storage
Full name: Red Star Express Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Red Star Express Plc is a logistics company based in Lagos, Nigeria. They offer a range of services including International and Domestic express delivery, Freight Forwarding, Integrated Logistics Solutions, Information and Document Management Solutions, Warehousing, Packaging Services, Food Delivery, Agriculture Logistics, and E-commerce Solutions. Red Star Express is considered one of the top indigenous organizations in Nigeria. They became a publicly quoted company on the Nigerian Stock Exchange (NSE) on November 14, 2007. The company has a strong focus on safety, ethical and professional standards, and meeting the needs of their customers and communities. They have a partnership with international courier company FedEx, which is known as one of the world's most admired brands and employers.

Headquarters
70, International Airport Road
Lagos; Lagos;

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Website: http://www.redstarplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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19.58%
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15.25%
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10.1%
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8.35%
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7.33%
Subsidiaries
Red Star Freight Limited
Red Star Logistics Limited
Red Star Supports Services Limited
Company Performance
Financial values in the chart are available after Red Star Express Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
39.58%
Total operating revenue
39.57%
Operating profit (EBIT)
37.26%
EBITDA
21.82%
Net Profit (Loss) for the Period
27.37%
Total assets
5.51%
Total equity
2.54%
Operating Profit Margin (ROS)
-0.08%
Net Profit Margin
-0.21%
Return on Equity (ROE)
0.43%
Debt to Equity Ratio
-7.17%
Quick Ratio
0.04%
Cash Ratio
-0.02%

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