Halliburton Reports 461 Million Dollar First Quarter Profit

HALLIBURTON CO reported a significant rise in its first-quarter profit on Tuesday, as steady demand in Latin American and European markets helped offset a slowdown in activity in the Middle East. The United States oilfield services provider announced that its net income attributable to the company reached $461 million, or 55 cents per share, for the three months ending March 31. This figure represents a substantial increase from the $204 million, or 24 cents per share, recorded during the same period a year earlier.