11 Plc

11 Plc, formerly Mobil Oil Plc, experienced a downturn in 2020 and its full-year profit is expected to be the lowest since 2016. Profit was on a downward run all the way from the first quarter to the third, which is very likely to extend to…

An Oil and Gas firm, 11 PLC, formally known as Mobil has announced its plans to exit the Nigerian Stock Exchange effective ending of March 2021. According to the company, it said it would delist its over 360.592 million ordinary shares…

11 Plc, formerly Mobil Oil Plc, experienced a worse performance in the second quarter than in the first, as loss of sales revenue added yet a new constraint on the path of profitability. There was a U-turn from 18 percent growth…

Some notable companies have delisted from their index groups as revealed by the Half-Year market index review of the Nigerian Stock Exchange (NSE) in eight indices and five sectoral groups. Some of the delisted companies from their index…

11 Plc, formerly Mobil Oil Plc, is gaining speed on the downward path of profitability this year from a moderate decline in 2019. The oil marketing company suffered a squeeze in profit margins last year due to an increase in input cost.…

11 Plc, formerly Mobil Oil Nigeria has shown records of up and down movements on profit performance and the 2019 financial year appears to be one of a downward turn. Unstable records of profit performance have marked its earnings story long…

By ADEBISI ADEMOLA 11 plc has reported a jump of 120 per cent in profit after tax in its unaudited six months results for the period ended June 30, 2018. The former Mobile Nigeria report increased to N5.45 billion in H1 2018 from N2.47…

11 Plc, formerly Mobil Oil Nigeria Plc has announced eight per cent drop in profit in the financial year ended December 31, 2017. The downstream company profit dropped from N8.15 billion in 2016 to N7.5 billion in 2017 while profit…