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Nigerian Stock Exchange

Last update 26 Jun 2026

Red Star Express PLC · REDSTAR.LG

Nigeria · Industrials · Air Freight & Logistics · NGN

Price history

Red Star Express Plc is a Nigeria-based company that provides global logistics solutions. The Company is engaged in the provision of courier services, mail management services, freight services, logistics, ware housing, and general haulage. The Company operates through four segments: Courier, Freight, Logistics, and Support Services. Its durable business profile is anchored in fleet management, route networks, logistics capability, customer service and utilization of physical operating assets. Demand is linked to passenger mobility, trade flows, e-commerce, regional distribution and the cost of fuel and vehicle maintenance. Investors should monitor asset uptime, safety standards, pricing, capacity utilization, working capital, regulatory compliance and exposure to economic cycles. The company should be reviewed through its audited financial statements, corporate disclosures, operating segment notes and market announcements, because these materials provide the most reliable view of revenue quality, cost structure, capital allocation and any changes in business scope.

Fundamentals

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Metric  (NGN, M) 2019 2018 2017 2016 2015
Revenue Total Revenue
EBITDA
EBIT
Net income Net Income 378
Operating margin
Net margin