Total Enemz’s profits declined

The profits of the French company Total Energy, during the fourth quarter, decreased by 22 percent to $ 3.96 billion, compared to $ 5.06 billion during the past year.

The average net income in the last quarter reached $ 4.41 billion or $ 1.9 per share, compared to $ 5.23 billion or $ 2.16 per share during the same quarter of the previous year, but an increase of 8 percent over the previous quarter.

The modified revenues before calculating interest, taxes, consumption and property tax amounted to $ 10.5 billion, compared to $ 11.7 billion last year. Sales fell to 52.51 billion dollars, compared to $ 59.24 billion last year. (Sky News)