Saudi Aramco reported $224 billion in profit in 2018

Saudi Aramco reported $224 billion in profit in 2018

Saudi Aramco, the world’s biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple. Previously reluctant to disclose its financials, Aramco had to reveal them in order to obtain a public rating and start issuing international bonds. Rating agencies Fitch and Moody’s rated Aramco A+ and A1 respectively.

KCooper
KCooper
Hannibal
Hannibal 1 year

Wish I could have gotten in on that IPO. Yesterday's industry my butt enviro-nazis.

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