Saudi Aramco is the first global winner in 2018

The Saudi oil giant, Aramco, is the world's leading company in terms of profitability index in 2018, ahead of global technology and energy companies, the Bloomberg news agency reported on Monday.

Bloomberg, citing a Saudi financial report released by Moody's, said Aramco's net profit had surpassed the $ 100 billion level of last year, ahead of technology companies such as Apple, Samsung and Google. And energy giants such as Exxon Mobil and Shell.

In addition, Aramco's profits are offset by the combination of Apple, Samsung and ExxonMobil, which is clear from the Bloomberg chart:

The report comes as Aramco prepares to issue multi-tranche international bonds, which could use the funds raised to fund a stake in SABIC petrochemicals company under a $ 69.1 billion contract announced last week.

Source: Bloomberg