Total Energies doubles quarterly profits

French company Total Energies announced that its profits doubled in the last quarter due to rising oil prices, with net income attributable to shareholders reaching $5.44 billion, an increase from $2.687 billion during the same period last year. The company also reported an increase in adjusted net income, which reached approximately $6.02 billion, and net income from subsidiaries rose to $1.27 billion. The results confirmed that the surge in oil prices was a major factor contributing to the increase in the company's revenues and profits during the recent quarter.

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