Wilson PonBP Profits is Shrunk More than 50 Percent!
March 3rd 2010 01:33
British Petroleum, or formerly known as “BP”, is the United Kingdom’s largest oil company and world’s third largest energy company, has been reported with a huge profit shrunk for its second-quarterly profits!
According to the latest report, the total profit of the second quarter was US$3.1 billion, which is only 47 percent of the US$6.75 billion for the same period a year earlier.
With the previous first-quarterly profits of US$2.4 billion, it accumulated to US$5.5 billion for the first six months of 2009. However, the statistic shown that the profit was 57 percent less, compared with the first six months of 2008!
BP mentioned that they’d already achieved the US$2 billion in cost-cutting. They’re going to save a further US$1 billion for the rest of the year. In addition, BP financial is steadily grown over the past few months, despite the economic turbulence.
According to the latest report, the total profit of the second quarter was US$3.1 billion, which is only 47 percent of the US$6.75 billion for the same period a year earlier.
With the previous first-quarterly profits of US$2.4 billion, it accumulated to US$5.5 billion for the first six months of 2009. However, the statistic shown that the profit was 57 percent less, compared with the first six months of 2008!
BP mentioned that they’d already achieved the US$2 billion in cost-cutting. They’re going to save a further US$1 billion for the rest of the year. In addition, BP financial is steadily grown over the past few months, despite the economic turbulence.
| 79 |
| Vote |
subscribe to this blog
