Red Star Express Plc has released its unaudited financial results for the second quarter ended September 30, 2025, showing growth in key performance indicators. Group turnover rose to ₦5.9 billion for the quarter, bringing the year to date revenue to ₦11.19 billion, compared with ₦9.74 billion recorded in the same period of the previous year.
Profit performance also improved during the period, with Group Profit Before Tax increasing to ₦371.3 million for the quarter and ₦675.1 million year to date. Profit After Tax stood at ₦252.4 million for the quarter and ₦459.1 million year to date, reflecting stronger operational performance compared with the corresponding period in 2024. The Board expressed confidence that, barring unforeseen circumstances, the company is positioned to achieve improved performance in the coming quarter.