Saudi Aramco Registers $68 B Net Income in 9 Months

Saudi Aramco Registers $68 B Net Income in 9 Months

Saudi Aramco posted a net income of $68 billion during the nine-month period ending on September 30, citing Zawya.

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

In an announcement of its intention to list shares on the Saudi stock exchange, Aramco also said that Saudi nationals subscribing to the listing will be eligible to receive bonus shares.

It is worth noting that the Capital Market Authority (CMA) of Saudi Arabia permitted Saudi Aramco to launch its initial public offering (IPO) on November 3, creating the most valuable listed firm worldwide.

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