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A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. It is a steep fall compared to 2022. It is still the second best performance in terms of annual results at 121 billion. Two reasons why they increased the dividend pay out. Number one, Aramco Abbott is the main driver of the ....
SHANGHAI, April 14, 2023 /CNW/ JinkoSolar has been ranked in the highest AAA category in the Q1 release of PV-Tech s ModuleTech bankability report, underlining the company s industry-leading. | April 14, 2023 ....
SINGAPORE, Jan. 5, 2023 /PRNewswire/ Trina Solar has maintained its AAA status for the third consecutive quarter in the PV ModuleTech bankability rankings released by PV Tech for Q4 2022. The ....
CHANGZHOU, China, Nov. 24, 2022 /PRNewswire/ Trina Solar has been awarded as bankable by all survey respondents in the PV Module and Inverter Bankability 2022 report issued by BloombergNEF. ....