Red Star Express Plc, together with its subsidiaries, engages in the provision of courier, mail management, outsourcing, freight services, logistics, warehousing, and general haulage services in Nigeria. The company operates through Courier Service, Freight Services, Logistics, and Support Services. It provides courier services, including the delivery of documents and parcels; mail management services; haulage of domestic heavyweights, trucking, and cargo consolidation; air and sea transportation of heavyweight cargo, container handling, trucking, cargo consolidation, ancillary services; and warehousing services which include the storage of goods in storage facilities. The company also offers chain distribution services; clearing and forwarding of goods; importation and export services; and other delivery services, as well as custom clearance, dispatch, and haulage services. Red Star Express Plc was founded in 1992 and is headquartered in Lagos, Nigeria.
Nigerian Market Performance
7D7 Days: 4.3%
3M3 Months: 32.7%
1Y1 Year: 47.2%
YTDYear to Date: 35.6%
The market has climbed 4.3% in the last 7 days, lead by the Materials sector with a gain of 9.6%. On the other hand, with a decline of 4.0%, the Industrials sector is lagging behind. In the last year, the market has climbed 47%. Looking forward, earnings are forecast to grow by 16% annually. Market details ›
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