Shell suffers major blow as earnings halve in Q2

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A drop in the oil giant’s income had been expected, but Thursday’s drop has defied expectations

Shell has seen its adjusted earnings more than halve in the three months to June 2023 compared to the same period the year prior, as the businesses second quarter

results fell short of market expectations.In a trading update on Thursday, the oil giant said adjusted earnings reached just under $5.1 billion during the quarter, down from ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines