Page 4 - Canada Imperial Oil Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Reuters Staff 1 Min Read April 30 (Reuters) - Canada’s Imperial Oil Ltd eked out a first-quarter profit on Friday, after having slipped into a loss in the fourth, as it benefited from a nascent demand recovery and COVID-19 vaccine rollouts that pushed oil prices higher. Imperial posted a profit of C$392 million ($319.32 million), or 53 Canadian cents per share, for the quarter ended March 31, compared to a loss of C$1.15 billion, or C$1.56 per share, in the previous quarter. The company recorded an impairment charge of C$1.17 billion in the fourth quarter related to certain non-core assets. $1 = 1.2276 Canadian dollars Reporting by Arundhati Sarkar in Bengaluru; Editing by Shailesh Kuber

Shailesh kuberArundhati sarkarThomson reuters trust principlesCanada imperial oil ltdImperial oil ltdThomson reuters trustஷைலேஷ் குபர்அருந்ததி சர்க்கார்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்கனடா ஏகாதிபத்தியம் எண்ணெய் லிமிடெட்ஏகாதிபத்தியம் எண்ணெய் லிமிடெட்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை