Shell profits down slightly
Royal Dutch Shell has reported first quarter earnings of US$8.72bn (€6.6bn), less than 1% below last year’s level due to one-off charges but benefiting from the higher price of oil.
In the fourth quarter of 2011, Shell made $8.78bn (€6.64bn).
Earnings on the industry standard current cost of supplies (CCS) measure - stripping out one-time effects, including changes in the price of oil – were $7.3bn (€5.5bn), up 16% from $6.29bn (€4.76bn)
Click to stay connected with
more stories like this:
more stories like this:
