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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Aramco to Report 2019 Results in March

FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo

Saudi Aramco will report 2019 full-year results on March 16, the oil giant said on its website on Friday, its first set of financial results after the company went public in December.

Aramco raised $29.4 billion in a record initial public offering.

Aramco said in November that it posted a net income of $68 billion during the nine-month period ending on September 30.

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

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