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Aramco to Report 2019 Results in March

Aramco to Report 2019 Results in March

Saturday, 15 February, 2020 - 09:45
FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
Riyadh - Asharq Al-Awsat

Saudi Aramco will report 2019 full-year results on March 16, the oil giant said on its website on Friday, its first set of financial results after the company went public in December.


Aramco raised $29.4 billion in a record initial public offering.


Aramco said in November that it posted a net income of $68 billion during the nine-month period ending on September 30.


The company’s revenues and other income related to sales for the same period amounted to $244 billion, it said.


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