Publisher: Maaal International Media Company
License: 465734
The Saudi Arabian Oil Company (Saudi Aramco) revealed its intention to announce its financial results and dividends for the third quarter of this year and the preliminary report for the quarter ending on September 30, 2022, on November 1.
It is noteworthy that Aramco announced last August 14 that the net profit after zakat and tax jumped to 182 billion riyals during the second quarter, compared to 95.5 billion riyals during the same quarter of the previous year, by 90%.
The operational profit amounted to 324.5 billion riyals during the second quarter, compared to 179 billion riyals during the same quarter of the previous year, an increase of 81%.
It achieved a growth in its profits in the first quarter of 2022 by 82%, to reach 148.03 billion riyals ($39.47 billion), compared to 81.44 billion riyals ($21.72 billion) for the same quarter of 2021, thus achieving a new record, including This makes it the strongest quarterly profit since the company’s initial public offering in 2019, and it is in fact one of the strongest quarterly profits in the world, according to a statement by the company’s management.