Saudi “Aramco's” net profit during the first quarter of this year touched $ 32 billion. “Saudi Aramco” reported net income of 119.5 billion riyals ($31.9 billion), compared to the same period last year of 148 billion riyals ($39.5 billion), and net cash from operating activities reached 148.6 billion riyals ($39.6 billion), compared to the same period in 2022, which amounted to 143.3 billion riyals ($38.2 billion).
Aramco CEO and CEO Amin Nasser revealed that significant progress has been made in the strategic expansion of the company's refining, chemicals, and marketing business internationally during the first 3 months of 2023, represented by a major acquisition in the United States of America, in addition to important investments and partnerships in China and South Korea.
Source: (Asharq Al-Awsat Newspaper, Edited)
