Shell’s RM26.2b profit smashes forecasts as LNG offsets weak refining

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LONDON, Oct 31 — Shell reported today third-quarter profits of US$6 billion (RM26.3 billion) that exceeded forecasts by...

The company said it would buy back a further US$3.5 billion of its shares over the next three months, at a similar rate to the previous quarter.

Cashflow from operations rose to US$14.7 billion in the quarter from US$13.5 billion in the previous three months due to a US$2.7 billion capital build.

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Category: EconomyBusiness

Markets: Malaysia

Topics: Profits Shell

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

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Published On: 2024-10-31 @ 18:12:41 (6 hours ago)

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