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IS - Aramco discloses $47B in H1 net income, $164B in revenue - September 2019



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In a brief but historic conference call on Aug. 12, Saudi Aramco publicly disclosed its financial results for the first time. Publishing its 1H19 results is another step forward on the path toward completing the famously private company’s long-discussed initial public offering. The company earned $46.9 billion during H1 in net income, after interest and tax, while EBIT was $92.5 billion. For the comparable period in 2018, Aramco earned $52.9 billion with $101 billion......
 
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