[ad_1] Updated Jan. 8, 2024 5:44 am ET Shell said its fourth-quarter earnings took a hit of between $2.5 billion and $4.5 billion in impairments that were offset by significantly…
Tag: impairments
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
[ad_1] Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to idled assets in California. The oil and gas…
Orsted plunges 20% on risk of $2.3 billion in US impairments
[ad_1] General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. REUTERS/Phil Noble/File Photo Acquire Licensing Rights OSLO, Aug…
Impairments, legal bills push The Star to $2.4b loss
[ad_1] Writedowns in the value of its three casinos along with a massive bill for legal and regulatory costs have led The Star Entertainment Group (ASX: SGR) to post a bottom-line…
Star Entertainment Reports Annual Loss Amid Casino Impairments
[ad_1] Star Entertainment tumbled to an annual loss of$1.57 billion as the Australian casino operator impaired assets and set aside cash for its continuing regulatory travails. [ad_2] Source link
Sasol Cuts Dividend After FY 2023 Profit Fell on Impairments
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Impairments push Rank Group to FY loss despite land-based recovery
[ad_1] Rank Group posted a 5.9% increase in revenue to £681.9m (€798.0m/$868.1m) in its 2022-23 financial year, though increased impairment costs led to a statutory net loss. The operator reported…
Goldman’s second-quarter profit plunges on GreenSky, real estate impairments
[ad_1] July 19 (Reuters) – Goldman Sachs Group’s (GS.N) second-quarter profit fell more than 60% as a retreat from consumer businesses and declining investment values took a toll on the…