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Sonangol posts $3.3 bln net profit for 2011 -rep

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Post# of 8477
Posted On: 02/27/2012 3:38:42 AM
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Posted By: junewong


Sonangol posts $3.3 bln net profit for 2011 -report





LISBON, Feb 24 (Reuters) - Angolan state oil firm Sonangol posted a 32 percent rise in net profit in 2011, as strong revenues on the back of high oil prices more than offset weak output, state news agency Angop cited the company's new chief executive as saying on Friday.
   







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