REDSTAREX fundamentals

Red Star Express Plc engages in the provision of courier, mail management, freight, logistics, warehousing, and general haulage services. It operates through the following segments: Courier, Freight, Logistics, and Support Services. The Courier segment is involved in express delivery of documents and parcels. The Freight segment includes clearing and forwarding of goods. The Logistics segment focuses on warehousing and chain distribution services. The Support Services segment offers mail room management and other delivery services. The company was founded by Mazi Sonny Allison, Eddy Olafeso, and Patrick Nwosu on July 10, 1992 and is headquartered in Lagos, Nigeria.