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Saudi Aramco reports 2018 net income of $111.1 billion


Added 06-12-19 06:04:02am EST - “Saudi Aramco reported on Wednesday a net income attributable to shareholders of $111.1 billion in 2018, up from $75.9 billion the year before, according to a statement from the company. Aramco said total revenues were at $355.9 billion…” - Finance.yahoo.com

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Posted By TheNewsCommenter: From Finance.yahoo.com: “Saudi Aramco reports 2018 net income of $111.1 billion”. Below is an excerpt from the article.

DUBAI (Reuters) - Saudi Aramco reported on Wednesday a net income attributable to shareholders of $111.1 billion in 2018, up from $75.9 billion the year before, according to a statement from the company.

Aramco said total revenues were at $355.9 billion in 2018, up from $264.2 billion, as oil prices improved. Total assets jumped to $358.9 billion in the same period, from $294 billion in 2017.

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