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DUBAI (Reuters) – The world's largest oil producer, Saudi Aramco, said it had posted a net profit of $ 46.9 billion in the first half of the year, up from $ 53.02 billion a year earlier.
In comparison, Apple, the world's largest publicly traded company in terms of profitability, made a profit of $ 31.5 billion in the first six months of its fiscal year.
Aramco said total revenues, including other sales-related revenues, amounted to $ 163.88 billion in the first half of this year, down from $ 167.68 billion a year ago earlier, due to lower oil prices and production.
(Reuters)
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