Aramco to announce 2024 financial results on March 4

Saudi Aramco said it will release its financial results for the fiscal year 2024 on March 4.

The state oil giant reported a third-quarter net profit of 103.37 billion Saudi riyals ($27.55 billion) on Nov. 5, down 15.4% from 122.19 billion riyals a year earlier.
Third-quarter revenue stood at 416.63 billion riyals ($111.10 billion), compared with 425.71 billion riyals ($113.52 billion) in the second quarter.
The decline was mainly attributed to lower prices for crude oil, refined products and chemicals, partially offset by higher sales volumes during the period.