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Petroleos de Venezuela’s Net Income Rose Surged 42.4%
Apr. 17, 2012 09:24PM PST
Oil and Gas InvestingBloomberg reported that Petroleos de Venezuela’s net income rose surged 42.4% in 2011.
Bloomberg reported that Petroleos de Venezuela’s net income rose surged 42.4% in 2011.
As quoted in the market news:
PDVSA, as the company is known, said that revenue rose 31.4 percent to $124.8 billion. PDVSA’s earnings before social contributions to the central government and income tax more than doubled to $35.2 billion, according to full year financial results published today on the company’s website.