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Royal Dutch Shell Plc 44% fall in profits

Screen Shot 2014-02-10 at 16.29.29Extract from A Motley Fool article by Mark Stones published 30 April 2014 under the headline:

Royal Dutch Shell Plc Hikes Dividend On Cash Flow Boost

Shell this morning reported a 44% fall in profits on a $2.9bn impairment charge relating to refineries in Asia and Europe. Shell’s profit in the first quarter — stripping out losses relating to the changing value of inventories — fell to $4.5bn from $8bn a year earlier. Revenue fell to $110bn against $113bn.

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