Rising expenses drag down Shell's profits

Sep-18

Sep-17

% Change

Net revenue

                  136,065,139

                  130,141,969

4.55%

Cost of products sold

                (124,357,811)

                (118,885,544)

4.60%

Gross profit

                     11,707,328

                     11,256,425

4.01%

Distribution and marketing expenses

                     (4,419,311)

                     (3,866,193)

14.31%

Administrative expenses

                     (3,315,519)

                     (3,084,450)

7.49%

Other expenses

                     (2,210,234)

                        (591,286)

273.80%

Other income

                           332,930

                           379,776

-12.34%

Operating profit

                       2,095,194

                       4,094,272

-48.83%

Finance costs

                        (196,967)

                        (176,872)

11.36%

Share of profit of associates - net of tax

                           732,067

                           555,413

31.81%

Profit before taxation

                       2,630,294

                       4,472,813

-41.19%

Taxation

                        (692,725)

                     (1,367,739)

-49.35%

Profit for the period

                       1,937,569

                       3,105,074

-37.60%

Earnings per share - basic and diluted (Rupees)

                               18.11

                               29.02

-37.59%