MARKETS

Aramco posts biggest profit ever

SAUDI Aramco posted its biggest ever profit of US$161.1 billion on Sunday - the biggest annual profit by a publicly listed company in history.

 Image: Saudi Aramco

Image: Saudi Aramco

  Such profits have beaten previous records by Apple, Microsoft and Alphabet, as well as Vodafone.  The massive profits were a 46.5% increase on the previous year, reflecting strong commodity prices...

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