Shell says net profit sank 15.5% to $7.4 billion in first quarter - Qoneqt
seach-icon
  • user-img

    Rajesh AK in India

    02 May 01:00 PM


    thumbnail

    Shell says net profit sank 15.5% to $7.4 billion in first quarter

    British energy major Shell on Thursday said net profit dropped 15.5 percent to $7.4 billion in the first quarter from a year earlier, hit partly by lower revenues from natural gas. The London-listed giant added in a statement that group turnover slid 16 percent to $74.7 billion in the quarter.