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    Shell first quarter profit down 62 pct

    The Associated Press
    30.04.2009 - 00:00 | Son Güncelleme:

    AMSTERDAM - Europe's largest oil company Royal Dutch Shell reported first-quarter net profit of $3.49 billion yesterday, down 62 percent as oil prices fell sharply amid a global economic downturn.

    The net profit figure compares with $9.08 billion in the same period a year ago. Sales fell 49 percent to $58.2 billion. The company's results are dominated by its production arm, which reported a 67 percent fall in earnings to $1.7 billion.

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