Total Energies France doubles quarterly profit

Total Energies, the French company, achieved a significant increase in its profits during the last quarter, driven by rising oil prices. Net income attributable to shareholders reached $5.44 billion, an increase of approximately 102% compared to the previous year. Meanwhile, adjusted profits totaled $6.02 billion, with net income from subsidiaries growing to $1.27 billion. This rise reflects an improvement in the company's financial performance, resulting from higher oil prices and increased revenues, as it continues to implement strategic investments and expansions in the energy sector.

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