Saudi Aramco's first-half net income falls 12% to $47 billion
By comparison, Apple Inc, the world's most profitable listed company, made $31.5 billion in the first six months of its financial year
- Aug 13, 2019,
- Updated Aug 13, 2019 9:19 AM IST
Saudi Aramco, the world's top oil producer, reported first-half net income of $46.9 billion on Monday, down from $53.02 billion a year earlier.
By comparison, Apple Inc, the world's most profitable listed company, made $31.5 billion in the first six months of its financial year.Aramco said total revenues including other income related to sales were at $163.88 billion in the first half of this year, down from $167.68 billion a year earlier, on lower oil prices and reduced production.
Also read: Saudi Aramco was world's most profitable company in 2018: report
Saudi Aramco, the world's top oil producer, reported first-half net income of $46.9 billion on Monday, down from $53.02 billion a year earlier.
By comparison, Apple Inc, the world's most profitable listed company, made $31.5 billion in the first six months of its financial year.Aramco said total revenues including other income related to sales were at $163.88 billion in the first half of this year, down from $167.68 billion a year earlier, on lower oil prices and reduced production.
Also read: Saudi Aramco was world's most profitable company in 2018: report