Profit of the Largest Company by Market Capitalization Drops by 50% in H1 2020

SourceMiddle East Business
SectorFinancial Markets
CountrySaudi Arabia

According to the research data analyzed and published by StockApps.com, Saudi Aramco’s profits dropped by 50% to $23.2 billion in H1 2020. During H1 2019, net income was $46.9 billion. Q2 2020 saw an even bigger decline at 73%, from $24.7 billion […] The post Profit of the Largest Company by Market Capitalization Drops by 50% in H1 2020 appeared first on https://middleeast-business.com.Profit of the Largest Company by Market Capitalization Drops by 50% in H1 2020 According to the research data analyzed and published by StockApps.com, Saudi Aramco’s profits dropped by 50% to $23.2 billion in H1 2020. During H1 2019, net income was $46.9 billion. Q2 2020 saw an even bigger decline at 73%, from $24.7 billion […] The ...read more...