Aramco to Reveal H1 Financials in August

Aramco to Reveal H1 Financials in August

Saudi Aramco will soon reveal its first-ever earnings call, according to the company’s newly launched website segment for investors, Bloomberg noted.

The Investors page on the Saudi company’s website is showing that the financial results announcement for the H1 2019 has been scheduled for August 2019.

Aramco announced in April that it has achieved a net income of around $111 billion during 2018, making it the world’s most profitable company.

The move came as part of the steps to launch the initial public offering (IPO) for the world’s biggest oil company, which was first announced in 2016 and has been delayed ever since, but is expected to take place by early 2021.


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