11Plc, formerly known as Mobil Oil Nigeria Plc released its fourth quarter result for the period ended, December 31, 2019 on Wednesday.
In the unaudited financial report, the firm posted a turnover of N191.7 billion, up by 16.44% when compared to the turnover of N164.6 billion recorded in the corresponding period in 2018.
Profit before Tax declined by 4.18% to close at N13.1 billion from the previous close of N13.7 billion.
Profit after Tax was down by 5.07%, closing the year 2019 at N8.86 billion against the previous close of N9.33 billion in 2018.
For the period under review, the Earnings Per Share (EPS) of Mobil stands at N24.56, down by 5.07% from the previous EPS of N25.87.
With reference to the share price of N147.9, the P.E ratio of the firm stands at 6.02x with earnings yield of 16.60%.