11 Plc Declares N2.5bn PAT in Q2 2020 Results,(SP:N173.40k)

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Thursday, July 30, 2020 / 06:00 PM / By NSE / Header Image Credit: Business Day


11 Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.


Key Highlights

Revenue declined by -13.2% to N80.5bn from N92.8bn in the previous quarter.

Profit before tax declined by 39% to N3.8bn. 

Profit after tax declined by 40% to N2.5bn.

Net Assets grew by 6% from N39.7bn to N42bn.


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