Red Star Express Plc today announced its board resolution to pay shareholders N0,40k dividend for 2016/2017 financial year. The company which has a March year end, also noted that plans on how to raise funds for its expansion will be discussed at its annual general meeting which will hold on the 31st of August 2017.
The group in its 9 Months 2016 financials recorded a 2% growth in revenue to N5,095mn while profit in the period rose by 8% to N273mn. The stock has so far garnered 18% in terms of share price in 2017.
No comments:
Post a Comment