The Saudi oil company Aramco achieved a record net profit of HRK 161.1 billion

The Saudi state oil company Aramco, the largest in the world, recorded a net profit of 161,000 million dollars in 2022, which represents a growth of 46.5% compared to the previous year and means that a new record has been reached again. As the company’s executive chairman Amin Nasser explained in a statement yesterday, the reason for these figures is the increase in crude oil prices in recent months due to the war in Ukraine and the fact that demand for oil has fallen. on the rise worldwide after the pandemic. This is the “highest annual earnings” of a Saudi oil company, he explained his yesterday Aramco it’s a statement. “Net income grew 46.5% to reach a record $161.1 billion in 2022, compared to $110 billion in 2021,” they point out. The company attributed the increase in its net income to “strengthening crude oil prices, higher volumes sold and better margins for refined products”, and assured that it will “continue to strengthen its oil and gas production capacity as well as its refining portfolio to meet demand”.

The oil company will distribute a dividend of 19,500 million for the fourth quarter of 2022, the payment of which will be made in the first quarter of 2023. dividend,” he added.