11 Plc Releases 2019 Audited, Q1 2020 Results; Declares N1.3bn PAT in Q1 2020, (SP:N213.90k)

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Friday, May 29, 2020 / 1:120 PM / NSE / Header Image Credit: 11 Plc


11 Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue grew by 17.8% to N54.3bn from N46.1bn in the previous quarter.

  • Profit before tax declined by -36.6% to N1.9bn.

  • Profit after tax declined by -37% to N1.3bn.

  • Net Assets also grew by 3.2% to N41bn from N40bn.

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