Qatar Petroleum revenues growth trend ongoing

(MENAFN) Qatar Petroleum's revenues increased to USD90.7 billion in 2012, increasing by 14 percent from USD79.4 billion registered in 2011, The Peninsula reported. Sales revenue dropped from USD46.2 billion in 2008 to USD32.4 billion in 2009, but since then, revenues went into a growth trend increasing by 180 percent over the past four years. The company's earnings in 2012 hit USD31.3 billion from USD24.4 billion in 2011, while net income growth between 2008 and 2012 hit 28.44 percent.