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Al-Marsad Journal: “Saudi Aramco” Reveals 30% Profit Increase for First Quarter of This Year to 81.4 Billion Riyals, While Aramco’s Quarterly Sales Amounted to 272 Billion Riyals .
The company said in a statement on the Saudi market’s website “Tadawul” today, Tuesday, that the increase in net profit for the first quarter of 2021 would reach 81.44 billion Saudi riyals (21.72 billion Saudi riyals). dollars), compared to 62.48 billion Saudi riyals (16.66 As of 2020, it is mainly due to rising crude oil prices, improving profit margins for refining, processing and marketing and the consolidation of the results of SABIC’s activity, partially offset by the decline in crude oil sales.
Aramco also announced a cash dividend of 70.33 billion Saudi riyals ($ 18.76 billion) to shareholders for the first quarter.
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