OTCPK:TTFNF - Post by User
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1Derrickon Apr 28, 2015 7:01am
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Post# 23670594
Total Q1-2015 Profit Slumps 22% on Impairments
Total Q1-2015 Profit Slumps 22% on ImpairmentsTotal reported a 22% YoY fall in Q1-2015 net profit to $2.6 billion after the company booked $1.1 billion in impairments. Income from Upstream segment fell 56% YoY to $1.4 billion, while income from refining and chemicals segment was up 300% YoY to $1.1 billion. Marketing and Services segment income grew 23% YoY to $321 million.
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