Shell's net tumbles 53%, sending its stock lower

Article Abstract:

Royal Dutch/Shell Group posted a decline in net income of 53% for the 1998 fourth quarter. The company also wrote off $4.39 billion for restructuring and other charges. In addition, Royal Dutch's share value dropped on stock exchanges in Europe as a result of the 53% fall in net income. The company's net income dropped to $818 million in the quarter, compared to 1.74 billion during the same period in 1997.

Comment:

Posts decline in net income of 53% for the 1998 fourth quarter

Abstract

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PKN Orlen posts lower profit

Article Abstract:

PKN Orlen S.A. posted lower net profits for the 2001 third-quarter. The company posted 84.2 million zlotys for the period, compared to 337.5 million zlotys in the same 2000 period.

Poland, Profit, Profits, PKN Orlen S.A.

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Shell's profit drops as oil prices slip

Article Abstract:

Royal Dutch/Shell Group posted a drop of 17% in its income for the 2001 third-quarter. The company posted $2.69 billion in income for the period.

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