Saudi Aramco Posts FY Results with $121 Billion Profit
Monday, 11 March 2024, 04:20
Saudi Aramco FY Results Overview
Saudi Aramco, a key player in the energy industry, released its financial results for the fiscal year.
Key Highlights:
- Profit: Saudi Aramco reported a profit of $121 billion, experiencing a decrease from the previous year.
- Revenue: The company's revenue was $440 billion, showing a 17.8% year-on-year reduction.
Despite facing challenges such as lower energy prices, Saudi Aramco continues to maintain a strong position in the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.