Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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

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

European oil giant Royal Dutch Shell Plc's (RDS-A: Quote, 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.

Click here to receive FREE breaking news email alerts for Royal Dutch Shell Plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading day on Friday. With the gains on the day, the markets are extending the upward trend seen over the past several sessions. In another troubling sign for Democrats, the results of a Gallup poll released on Friday show that Tea Party Republicans are much more motivated to vote in the upcoming midterm elections than other Americans. The poll found that 73 percent of Tea Party Republicans are "extremely" or "very" motivated to vote in this year's elections. While the Commerce Department released a report on Friday showing a modest increase in new home sales in the U.S. in the month of September, the uptick came from a significantly downwardly revised level in August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.