The net income of the Norwegian energy company Equinor fell 41% year over year to nearly $6.8 billion, according to its financial results statement released on Wednesday.
The company earned around $11.5 billion during the May-July period of last year.
The company's income also showed a quarter-on-quarter drop of 63.2% to stand at around $1.8 billion.
Equinor posted around $52 billion in total revenue for the first half of the year, down 28% from about $72 billion during the same period last year.
The company's total revenue for the second quarter of the year amounted to approximately $22.9 billion, a decline from $29.2 billion quarter over quarter and $36.5 billion year over year.
By Duygu Alhan
Anadolu Agency
energy@aa.com.tr