Red Star Express Plc reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was NGN 3,676.37 million compared to NGN 3,268.71 million a year ago. Net income was NGN 95.69 million compared to NGN 61.56 million a year ago.
For the nine months, sales was NGN 10,522.55 million compared to NGN 9,196.97 million a year ago. Net income was NGN 317.4 million compared to NGN 210.23 million a year ago. Basic earnings per share from continuing operations was NGN 0.33 compared to NGN 0.22 a year ago.