Red Star Express PLC 2024 AR2

The report highlights Red Star Express Plc's financial and sustainability performance for the fiscal year ended March 31, 2024. Despite a challenging operating environment in Nigeria marked by high inflation and fuel price volatility, the company achieved a total revenue of N16.1 billion, representing a 15.8% increase from the previous year. On the sustainability front, the company adopted an ERP system to improve operational efficiency, installed solar panels to expand its renewable energy footprint, and continued its community support through the Red Star Foundation's scholarship and mentorship programs. Additionally, the company maintained its commitment to workforce diversity, reporting a total of 1,924 employees, including 189 female staff and 18 female managers.

Company: Red Star Express PLC

Sector: Industrials

Country: Nigeria

Year: 2024

Type: AR2

Pages: 117

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Red Star Express PLC

Red Star Express PLC 2024 Annual Report & Accounts

Annual Report & Accounts

The report highlights Red Star Express Plc's financial and sustainability performance for the fiscal year ended March 31, 2024. Despite a challenging operating environment in Nigeria marked by high inflation and fuel price volatility, the company achieved a total revenue of N16.1 billion, representing a 15.8% increase from the previous year. On the sustainability front, the company adopted an ERP system to improve operational efficiency, installed solar panels to expand its renewable energy footprint, and continued its community support through the Red Star Foundation's scholarship and mentorship programs. Additionally, the company maintained its commitment to workforce diversity, reporting a total of 1,924 employees, including 189 female staff and 18 female managers.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Women in Management

Employees