Reuters logo
Imperial Oil posts smaller quarterly profit
October 27, 2017 / 12:15 PM / in a month

Imperial Oil posts smaller quarterly profit

Oct 27 (Reuters) - Canadian oil producer and refiner Imperial Oil Ltd on Friday reported a smaller quarterly profit from a year ago when it realized a C$716 million gain from the sale of some its retail sites.

The company reported a net profit of C$371 million ($287.80 million), or 44 Canadian cents per share, in the third quarter ended Sept. 30, from C$1 billion, or C$1.18 per share, a year earlier.

Total revenue and other income fell to C$7.16 billion from C$7.44 billion as production fell marginally. ($1 = 1.2891 Canadian dollars) (Reporting by Karan Nagarkatti; Editing by Arun Koyyur)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below