Saudi Aramco posts $68 bln net profit in 9M 2019

03/11/2019 Argaam

 

Saudi Aramco posted net profit of $68 billion (SAR 254.86 billion) for the first nine months of 2019, according to the company's financial statements.

 

Sales hit $244 billion (SAR 914.51 billion) in the same period.

 

Capital expenditure stood at $23 billion (SAR 86.2 billion), with free cash flows of $59 billion (SAR 221.13 billion).

 

Saudi Aramco Financials ($ bln)

Item

9 months 2019

Revenue

244

Net profit

68

CAPEX

(23)

Free cash flows

59

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.