Petrobras' net profit for 9 months increased by 45%.
In the first three quarters of this year, the Brazilian oil and gas company Petrobras received a net profit attributable to shareholders in the amount of 24.367 billion dollars, which is 45.6% higher than the corresponding period last year, the company said.
Revenues for the period amounted to 90.104 billion dollars, an increase of 37.4% compared to the year. Adjusted EBITDA rose 48.5% to $46.667 billion.
At the end of the third quarter, the net profit attributable to the shareholders of Petrobras increased by 28.4% compared to the year and amounted to 7.74 billion dollars.
Revenues in the quarter increased by 40.4% to 32.962 billion dollars. Adjusted EBITDA rose 42.4% year-over-year to $16.7 billion.