Shell falls into the red in fourth quarter
Saturday February 18, 2012


PETALING JAYA: Shell Refining Co (Federation of Malaya) Bhd fell into the red when it posted a net loss of RM99.49mil for the fourth quarter ended Dec 31, 2011 compared with a net profit of RM114.66mil a year ago due to weak refining margins.

For the full year, the company incurred a net loss of RM125.74mil compared with a profit of RM106.39mil a year ago. Its revenue for the quarter under review was higher at RM3.37bil compared with RM2.54bil previously.

Source : http://biz.thestar.com.my/news/story.asp?file=/2012/2/18/business/10762528&sec=business#13296399771381&if_height=613