Saudi Aramco's Dividend Surges Despite Oil Price Drop
Sunday, 10 March 2024, 10:35
Saudi Aramco Boosts Dividend Despite Production Cuts
Saudi Aramco, a state-owned group, has announced a significant dividend increase, nearing $100 billion.
Profit Surges Despite Challenges
The company reported its second-highest annual profit despite facing difficulties such as production cuts affecting its performance.
- Financial Strength: Saudi Aramco's resilience ensures a robust financial position.
- Market Fluctuations: The decision reflects the company's adaptability to variable market conditions.
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