Markets

Shell earnings fall on refineries impairments

Published April 30, 2014 Updated April 30, 2014 06:38am

1 min

By Shoaib Ur Rehman

Add BRecorder as a trusted
source on Google

LONDON: Royal Dutch Shell reported on Wednesday its first-quarter earnings almost halved from a year ago to $4.5 billion mainly due to a $2.9 billion charge reflecting impairments related to refineries in Asia and Europe.

The oil major also announced its first-quarter 2014 dividend at $0.47 per ordinary share and $0.94 per American Depositary Share, an increase of 4 percent year on year.

Read Comments