Saudi Aramco unveils record $48.39B profit in Q2, beats expectations

Aramco floated 1.7 percent of its shares on the Saudi bourse in December 2019, generating $29.4 billion in the world's biggest initial public offering.

Aramco's net profit rose to 181.64 billion riyals for the quarter to June 30 from 95.47 billion riyals a year earlier. Aramco shares have risen over 25 percent this year as oil and natural gas prices have scaled multi-year highs after Western sanctions against major exporter Russia squeezed an already under-supplied global market.Aramco said its average total hydrocarbon production was 13.6 million barrels of oil equivalent per day in the second quarter.

When it lands in citizens pocket, it is called prophet Until then; this means nothing to the normal Saudi

May Allah The Almighty bless them with more in abundance. They deserve every bit of it. Furthermore they provide employment to the world as well. So for sure Allah will give them more. They have gone through hardships for so many generations.

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