Aramco Saudi Arabia announces its first quarter results on May 7th.

صحيفة الاقتصادية

Aramco Saudi Arabia announces its first quarter results on May 7th.

Saudi Aramco plans to announce the financial results for the first quarter of 2024 on May 7, according to the company on its website today. Aramco had achieved a net profit of 454.7 billion riyals in 2023, down 24.7% from 2022, in which net profit was 604 billion riyals, due to the impact of lower crude oil prices and quantities sold, and weak profit margins for refining and chemicals businesses. This was partly offset by lower revenues on cru…