Mobil now 11 Plc declared N141.5bn as turnover in the third quarter financial report for the period ended, September 30, 2019. This represents a growth of 13.17% away from the previous turnover of N125bn recorded in the third quarter of 2018.
Profit after tax fell by 19.41%, closing at N6.34 billion from the previous close of N7.87 billion in 2018.
Earnings per share came down to N17.59 from the previous earnings per share of N21.83 in the third quarter of 2018.
With reference to the share price of N147.9, the P. E ratio of Mobil stands at 8.41x with earnings yield of 11.89%.