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Business

Shell profit slumps 35pc

Published: 01 Nov 2013 - 01:15 am | Last Updated: 31 Jan 2022 - 09:28 pm

People walk by a Shell gas station in San Francisco yesterday. Royal Dutch Shell’s net profit slumped 35 percent in the third quarter on lower refining margins and disruption to production in Nigeria. Profit after tax fell by a third to $4.677bn in the three months to September 30.