Shell increased quarterly profits almost 4 times, semi-annual - 2.3 times

The British-Dutch company Royal Dutch Shell in the second quarter of 2018 increased its net profit by 290%, in annual terms - to 6 billion 24 million dollars. Adjusted earnings rose by a third to $4 billion 600 million. Revenues amounted to 96 billion 765 million dollars, increased by 34% in annual terms. The growth in oil prices contributed to high quarterly results. In the first half of the year, net profit of Shell increased 3.3-fold compared to the same period last year to 11 billion 923 million dollars. The semi-annual revenue was 186 billion dollars, increased by 29%.

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