REDSTAREX Declares N2.4m Loss in Q4 2020 Unaudited Results, (SP:N3.40k)

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Monday, February 01, 2021  / 12:31PM / by NSE / Header Image Credit: Red Star Express


Red Star Express Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue declined by -15.9% to N6.6bn from N7.8bn in the previous quarter.

  • Profit before tax declined by 97.5% to N14m.

  • Profit after tax declined by 100.6% to N16.5m.

  • Net Assets declined by -7.4% from N4.4bn to N4.1bn.


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