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Amended: Shell Q1 Net Profit Down; CCS Earnings Up - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Corrects Year-ago Revenues in 4th Para to 'billion'

European oil giant Royal Dutch Shell Plc's (RDS-A, RDSA.L, RDSB.L, RDS-B) first-quarter income attributable to Royal Dutch Shell plc shareholders decreased to $8.72 billion from $8.78 billion last year, with earnings per share falling to $1.40 from $1.42 a year ago.

Quarterly earnings, on a current cost of supplies or CCS basis, were $7.66 billion or $1.23 per share, higher than the previous year's $6.93 billion or $1.12 per share.

Excluding identified items, CCS earnings advanced to $7.28 billion or $1.17 per share from $6.29 billion or $1.02 per share a year ago.

Revenue in the quarter totaled $119.92 billion, compared with $109.92 billion in the earlier year quarter.

In addition, the board announced a first-quarter 2012 dividend of $0.43 per A ordinary share and B ordinary share, an increase of $0.01 on the equivalent US dollar dividend last year.

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