Red Star Express Plc reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was NGN 3,278.04 million compared to NGN 3,240.82 million a year ago. Net income was NGN 81.74 million compared to NGN 119.77 million a year ago.

Basic earnings per share from continuing operations was NGN 0.09 compared to NGN 0.13 a year ago.