REDSTAREX Declares N104m Loss in Q2 2020 Unaudited Results, (SP:N3.20k)

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Wednesday, November 04, 2020 / 01:24 PM / by NSE / Header Image Credit: Red Star Express 


Red Star Express Plc released its Q2 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Revenue declined by -23% to N4bn from N5.2bn in the previous quarter.

  • Loss before tax stood at N84m.

  • Loss after tax stood at N104m.

  • Net Assets declined by -2.4% from N4.4bn to N4.3bn.


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