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Saudi Aramco says H1 2019 net income slips to 46.9 billion


In Saudi Arabia, state-owned energy giant Aramco said today its first half net income for 2019 had slipped to 46.9 billion. It is the first time the company has published half-year financial results.

The fall in income, owing to lower oil prices, comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing. Saudi Arabia plans to sell up to five percent of the world's largest energy firm and hopes to raise up to 100 billion. (AIR NEWS)

291 Days ago

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