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

1 year ago 34

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.

LONDON:

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.

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