Saudi Aramco achieves $68bn net profit in 9M

Riyadh – Mubasher:  Saudi Arabian Oil Company, globally known as Saudi Aramco, achieved a net profit worth $68 billion during the first nine months of 2019.

Revenues and other income related to sales reached $244 billion during the nine-month period between January and September, according to Aramco’s statement on Sunday.

The company’s free cash flow stood at $59 billion by the end of September, while capital expenditures recorded $23 billion over the same period.

Mubasher Contribution Time: 03-Nov-2019 10:44 (GMT)
Mubasher Last Update Time: 03-Nov-2019 10:44 (GMT)