11 plc sees profit dip 35% as revenue hits 3-year low

11 plc's revenue slumped 19 percent from N144 billion in 2019 to N114 billion, the lowest for the nine-month period in almost three years

11 plc, formerly Mobil Nigeria plc, posted a 35 percent decline in profit to N4.12 billion in the first nine months of 2020 from N6.3 billion a year earlier as revenue plunged. The oil firm’s revenue slumped 19 percent from N144 billion in 2019 to N114 billion, the lowest for the nine-month per

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