Record after record from Saudi oil giant

According to the financial balance sheet announced by Saudi Aramco, the net profit of Aramco, which is the most valuable company in the world, surpassing the US-based technology company Apple, rose to 39.5 billion dollars in the January-March period. The company announced a net profit of $21.7 billion in the same period last year.

The company, which recorded the highest revenue since its initial public offering in December 2019, attributed the positive results on its balance sheet to rising oil prices.

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