Total Posts Record Results Despite Q4 Fall

摘要

France's Total reported record full-year profits on Thursday, despite a year-on-year fall in fourth-quarter earnings, but warned that the results would be "higher than we will see for quite some time" amid a darkening economic climate.Total was the last of the six largest international oil companies to report its full-year 2008 results, but exhibited many of the same characteristics as its peers in preparing for a downturn that some fear could descend into a prolonged depression.