Red Star Express Plc recorded an 8.5 per cent increase in group revenue to N23.49 billion for the financial year ended March 31, 2026, from N22.66 billion in the previous financial year. The logistics and courier services company also grew profit before tax by 16.2 per cent to N1.07 billion, up from N924.72 million in 2025, while profit after tax rose 7.1 per cent to N585.26 million, compared with N546.26 million in the preceding year. The results were disclosed at the company's 2026 Annual General Meeting held in Lagos, with shareholders participating both physically and virtually. Chairman Suleiman Barau described the performance as a demonstration of the group's resilience and ability to sustain growth despite a demanding business environment.
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