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Saudi Aramco crowned world’s most profitable company
April 2, 2019

Saudi Aramco crowned world’s most profitable company

Monday was a day of revelation as Saudi Aramco opened its books for the first time. To everyone’s surprise, the Saudi Arabian oil supermajor generated $111.1 billion in net income last year. Saudi Aramco was possibly the world’s most profitable company in 2018. The release of the financial data has come as Saudi Aramco is looking to borrow $15 billion through a bond sale

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