Stock REDSTAREX RED STAR EXPRESS PLC
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Company Red Star Express Plc

Equities

REDSTAREX

NGREDSTAREX9

Air Freight & Logistics

End-of-day quote Nigerian S.E.
Other stock markets
 23:00:00 16/05/2024 BST 		5-day change 1st Jan Change
3.38 NGN 0.00% Intraday chart for Red Star Express Plc 0.00% +6.29%
01-29 Red Star Express Plc Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023 CI
2023 Red Star Express Plc Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023 CI

Business Summary

Red Star Express Plc specializes in transport and logistics services. Net sales break down by activity as follows:

- mails and documents transport and delivery (56.3%);

- logistics services (14.8%): freight handling and warehousing services;

- freight express transport (13.5%);

- mail management services (10.1%);

- support services (5.3%).

Nigeria accounts for 96.9% of net sales.

Number of employees: 1,927

Sales per Business

NGN in Million2022Weight2023Weight Delta
Courier
52.3 %
7,399 58.7 % 7,257 52.3 % -1.93%
Logistics
17.8 %
1,832 14.5 % 2,468 17.8 % +34.66%
Freight
17.0 %
1,711 13.6 % 2,352 17.0 % +37.48%
Support Services
13.0 %
1,656 13.1 % 1,798 13.0 % +8.56%

Sales per region

NGN in Million2022Weight2023Weight Delta
Nigeria
100.0 %
12,599 100.0 % 13,875 100.0 % +10.13%

Managers

Managers TitleAgeSince
Auwalu Babura CEO
 Chief Executive Officer - 31/12/93
Valentine Onyibo DFI
 Director of Finance/CFO - 31/12/05
Abdulkadir Koguna ADM
 Chief Administrative Officer - -
Frances Akpomuka COO
 Chief Operating Officer - 31/12/05
Uche Charles Ejekam BRD
 Director/Board Member - 31/12/99
Oluwaseun Shittu AUD
 Comptroller/Controller/Auditor - 18/01/22

Members of the board

Members of the board TitleAgeSince
Chukwuemeka Ndu BRD
 Director/Board Member - -
Sulaiman Lawan Koguna BRD
 Director/Board Member - 25/06/14
Auwalu Babura CEO
 Chief Executive Officer - 31/12/93
Chioma Sideso BRD
 Director/Board Member - 26/11/18
Suleiman Barau CHM
 Chairman - -
Peter Aletor BRD
 Director/Board Member - -
Uche Charles Ejekam BRD
 Director/Board Member - 31/12/99

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 954,423,325 436,933,750 ( 45.78 %) 0 45.78 %

Company contact information

Red Star Express Plc

70, International Airport Road

100271, Lagos

+234 1 271 5670

http://www.redstarplc.com
address Red Star Express Plc(REDSTAREX)

Sector

Industrials
Transportation
Freight & Logistics Services
Air Freight & Logistics
Other Air Freight & Logistics

Sales per Business

Sector Other Air Freight & Logistics

1st Jan change Capi.
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