Red Star Express projects N161.6m profit for Q3 2021

Red Star Express Plc, a quoted firm on the Nigerian Exchange (NGX) that is into the provision of the courier, freight forwarding and logistics services, mailroom management services, warehousing, e-commerce has released a forecast of income forecast for third-quarter July- September 2021with turnover projection of N2.968 billion.

Profit after tax was also projected at N161.642 million.

Red Star Express Plc provides a portfolio of full logistic solutions in Nigeria which includes, but not limited to International and Domestic express delivery, Freight Forwarding, Integrated Logistics Solutions, Information and Document Management Solutions, Warehousing, Packaging Services, Food Delivery, Agriculture Logistics and E-commerce Solutions.