11 plc Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 29, 2020 at 11:03 am EDT
11 plc announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was NGN 26,260.312 million compared to NGN 46,732.812 million a year ago. Operating income was NGN 1,844.585 million compared to NGN 3,207.186 million a year ago. Net income was NGN 1,233.521 million compared to NGN 2,133.305 million a year ago. Basic earnings per share was NGN 3.42 compared to NGN 5.92 a year ago. For the half year, sales was NGN 80,539.561 million compared to NGN 92,805.286 million a year ago. Operating income was NGN 3,700.276 million compared to NGN 6,384.414 million a year ago. Net income was NGN 2,518.187 million compared to NGN 4,173.180 million a year ago. Basic earnings per share was NGN 6.98 compared to NGN 11.57 a year ago.