logo
Plus   Neg
Share
Email

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, 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.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shortly after announcing a racial bias training for the staff, Starbucks revealed its changed policy of allowing anyone to use its spaces, rest rooms, cafes and patios even without buying anything from the stores. The new policy will be consistent all across U.S. stores. Tesla Inc.'s CEO Elon Musk has revealed new specifications and options for its Model 3 electric car, including a high-end version of the sedan that will cost around $78,000. In a series of posts on Twitter Saturday night, Musk said that the Model 3 will be available in two versions, with dual motors and all-wheel drive in July. Musk also made an announcement regarding a new service program. Billionaire entrepreneur Elon Musk on Thursday showed off his concept for the Loop, a high-speed underground public transportation system that will carry up to 16 people and travel at 150 miles per hour. At the Boring Company Information Session, Musk and project leader Steve Davis provided details of the underground mass transit tunnels that the Boring Co. plans to build beneath Los Angeles.
Follow RTT