Royal Dutch Shell said today third-quarter current cost of supply (CCS) net profit jumped 71 per cent to $10.9 billion, boosted by high oil prices and asset sales.
Shell said the CCS result, which strips out unrealised gains or losses related to changes in the value of fuel inventories, included a net gain of $2.06 billion due to non-operating items, mainly related to the sale of a German gas network.
Excluding non-operating items, the CCS net profit was $8.84 billion.
