This excerpt taken from the PBR 6-K filed Aug 21, 2007.
Petrobras recorded a net income of R$ 6.851 million in the 2Q-2007, with an operational profit corresponding to 32% of the net operating revenue (34% in the 2Q-2006).
The main factors that contributed towards generating net income in the first half of 2007, in relation to the same period in 2006, were as follow:
4.1. A 4% increase in net operating revenue: