Saudi Aramco’s net profit hits $27.27bn in Q1
- Date: 07-May-2024
- Source: Arab News
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi Aramco’s net profit hits $27.27bn in Q1
RIYADH: Energy giant Saudi Aramco reported a net profit of $27.27 billion in the first three months of this year, marking a 2.04 percent increase compared to the previous quarter.
According to the company’s statement, the state-owned oil firm’s total revenue for the the three months to the end of March stood at $107.21 billion, with the total operating income for the period reaching $58.88 billion. Saudi Aramco’s net profit hits $27.27bn in Q1