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Saudi Aramco’s 2018 Profit = Apple + Google + Exxon Mobil: Chart


Mar 31, 2019, by Anthony DiPaola and Dan Murtaugh
(Bloomberg)

Saudi Aramco was the world’s most profitable company in 2018, according to an extract of the oil producer’s accounts published by Moody’s Investors Service. The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petrochemical group Sabic worth about $69 billion. Aramco will mostly use cash to pay for the purchase over the next three years.



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