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Red Star Express Plc
70, International Airport Road
Phone: +234 12715670p:+234 12715670 LAGOS, Nigeria Ticker: REDSTAREXREDSTAREX
Business Summary
Red Star Express Plc is a Nigeria-based company that provides global logistics solutions. The Company is engaged in the provision of courier services, mail management services, freight services, logistics, ware housing and general haulage. The Company operates through four segments: Courier, Freight, Logistics and Support Services. The Courier segment is involved in express delivery of documents and parcels. The Freight segment is involved in clearing and forwarding of goods, including importation and export services. The Logistics segment relates to services involving warehousing and chain distribution services. The Support Services segment relates to mail room management and other delivery services. Its subsidiaries include Red Star Logistics Limited, Red Star Freight Limited and Red Star Support Services Limited. Red Star Logistics Limited is the Company's ground haulage delivery service division, which consists of haulage of domestic heavyweights, cargo consolidation and others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
4215 Courier services, except by air
4212 Local trucking without storage
4225 General warehousing and storage
4522 Air transportation, nonscheduled
4412 Deep sea foreign transportation of freight
4731 Arrangement of transportation of freight and cargo
7389 Business services, not elsewhere classified
8742 Management consulting services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman SuleimanBarau 60 11/27/2018 11/27/2018
Group Managing Director/Chief Executive Officer, Member of the Group Executive Committee, Executive Peter O.Obabori 9/1/2016 9/1/2016
Executive Director, Finance and Administration; Member of the Group Executive Committee Auwalu B.Babura
11 additional Officers and Directors records available in full report.

Business Names
Business Name
Red Star Express Plc
REDSTAREX

General Information
Number of Employees: 1,970 (As of 3/31/2019)
Outstanding Shares: 954,423,325 (As of 12/31/2023)
Shareholders: 4,467
Stock Exchange: NIG
Fax Number: +234 14976612


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Saturday, April 27, 2024