11 Plc Declares N2.9bn PAT in 2020 Audited Results, (SP:N228.00k)

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Wednesday, March 31, 2021  / 1:06 PM / by CSL Research / Header Image Credit: 11 Plc


11 Plc released its 2020 Audited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue declined by -14% to N165bn from N192bn in the previous quarter.

  • Profit before tax declined by 57% to N5.7bn.

  • Profit after tax declined by 67% to N2.9bn.

  • Net Assets declined by -0.1% from N39.68bn to N39.65bn.


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