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French oil giant TotalEnergies posted a $6.5 billion profit during the first quarter of 2023, down from an $8.9 billion quarter-on-quarter gain a year earlier, according to its financial results statement released Thursday.
The company’s income during the last quarter of 2022 was around $7.6 billion.
The company also posted around $58.3 billion in revenue for the first quarter, down from about $63.9 billion in the same quarter last year.
The company’s revenue for the fourth quarter of last year amounted to $63.9 billion.
