11 plc Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 10:04 am EST
11 plc announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was NGN 34,206.778 million compared to NGN 48,705.504 million a year ago. Operating income was NGN 2,651.867 million compared to NGN 3,150.557 million a year ago. Net income was NGN 1,604.544 million compared to NGN 2,170.318 million a year ago. Basic earnings per share from continuing operations was NGN 4.45 compared to NGN 6.02 a year ago. For the nine months, sales was NGN 114,746.339 million compared to NGN 141,510.790 million a year ago. Operating income was NGN 6,352.143 million compared to NGN 9,535.271 million a year ago. Net income was NGN 4,122.731 million compared to NGN 6,343.498 million a year ago. Basic earnings per share from continuing operations was NGN 11.43 compared to NGN 17.59 a year ago.