Nigeria's leading finance and market intelligence news report.

11 Plc, Ardova post N1.8bn profit in first quarter 2020

11 Plc, formerly Mobil Nigeria Plc, and Ardova Plc, formerly Forte Oil Plc, both recorded double-digit growth in their revenues in the first quarter of 2020. 11 Plc grew its Q1 2020 revenue by 17.8 percent to N54.28 billion up from N46.07 billion in Q1 2019. But its cost of sales mirrored revenue generation in…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?

Get real time updates directly on you device, subscribe now.

Comments are closed.