Repsol SA said its normalized net income for the second quarter amounted to €148.5 million, compared with a loss of €9.0 million in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin rose to 1.5% from negative 0.1% in the year-earlier period.
Total revenue grew 25.8% on an annual basis to €10.18 billion from €8.09 billion, and total operating expenses increased 24.5% on an annual basis to €9.96 billion from €8.00 billion.
Reported net income grew 81.8% on an annual basis to €360.0 million, or 24 cents per share, from €198.0 million, or 13 cents per share.
