Shell 'satisfied' with $31.3B profit

Royal Dutch Shell, Europe's largest oil company, reported a $31.3 billion yearly net profit on Thursday, due to divestments and higher oil prices.
It represented a 23 percent rise from last year's figure of $24.4 billion, while sales rose 12 percent to $356 billion.

The results came on the back of a 60 percent rise in fourth-quarter net profit of $8.47 billion, up from $5.28 billion. Sales for the final quarter rose to $107 billion from $75.5 billion despite a fall in production.

At its production operations, Shell's profit rose 38 percent to $4.87 billion.


http://edition.cnn.com/2008/BUSINESS/01/31/shell.profits.ap/index.html