16 Hrs
Source:
اقتصاد سكاي نيوز عربية
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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