Worried About Fuel Prices? Shell is not: They Make £1.8m an hour from it
On Aug 3, 8:11*pm, St Georges Day April 23rd
wrote:
In Shell’s case, this works out to a profit - not turnover mind - of
$1.8 million an hour - was up eight per cent on the same time last
year.
Have you worked out how this $1.8bn. translates to the percentage
return on the capital employed or alternatively on turnover.
Nah! of course you haven't. You don't know what I'm talking about.
$1.8m. per hour is of course a lot of money but is a nonetheless
meaningless figure unless one can get it into perspective.
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