Saudi Aramco beats quarterly profit forecast, maintains dividend By Reuters – Investing.com
- Date: 04-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi Aramco beats quarterly profit forecast, maintains dividend By Reuters – Investing.com
DUBAI (Reuters) - Saudi Arabian state oil producer Aramco (SE:) on Tuesday reported a 30% rise in first-quarter net profit boosted by a stronger oil market and higher refining and chemicals margins.
Net income rose to $21.7 billion for the quarter to March 31 from $16.7 billion a year earlier.
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