Saudi Aramco’s Q1 net profit rises 3.75% q-o-q to $32bn

RIYADH: Saudi Arabian Oil Co. has reported a net profit of SR119.54 billion ($31.88 billion) in the first quarter of 2023, up 3.75 percent from SR115.22 billion recorded in the previous quarter. In a statement to Tadawul, Saudi Aramco said that the rise in quarter-on-quarter net profit was driven…

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