The profit, down from $161.1 billion in 2022, was still the company s second-highest on record, Aramco said on Sunday as it reported total dividends for the year of $97.8 billion, up 30%. Oil revenues made up 62% of total state revenues last year.
Saudi Aramco (TADAWUL: ) Chief Executive Amin Nasser said on Sunday the oil giant was looking at further opportunities to invest in China, where he said oil…
Saudi Arabia s state-owned
oil giant Aramco boosted its dividend despite net
profit falling 24.7% to $121.3 billion in 2023 on lower oil
prices and volumes, showing the state s continued reliance.
Aramco sees China demand growing, eyes more investments By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.