Saudi Aramco's 2018 Profit = Apple + Google + Exxon Mobil: Chart

Saudi Aramco was the world’s most profitable company in 2018.

(Bloomberg) -- Saudi Aramco was the world’s most profitable company in 2018, according to an extract of the oil producer’s accounts published by Moody’s Investors Service. The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petrochemical group Sabic worth about $69 billion. Aramco will mostly use cash to pay for the purchase over the next three years.

©2019 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES