REDSTAREX Declares N134.80m PAT in Q1 2019 Results,(SP:N5.28k)


Thursday, July 25, 2019  09:37AM / NSE 

Red Star Express Plc released its Q1 Unaudited Results for the Period ended June 30, 2019.


Key Highlights

Revenue grew  by 7.5% to N2.53bln from N2.35bln in the previous year.

Profit Before Tax grew by 20.6% to N198.24mln from N164.35mln loss recorded in the previous year.

Profit After Tax also grew by 20.6% to N134.80mln.

Net Assets grew marginally by 4.9% to N2.90bln from N2.76bln as at 3oth June, 2018.

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Graph – One Year Share Price Movement

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