Aramco is the world’s largest oil producer, pumping 10% of global supply, and its most profitable. Weaker oil prices cut its first half net profit by 12% to $46.9 billion this year, but the figures still overshadowed Apple Inc, the world’s most profitable listed company, which made $31.5 billion.
Below are the main risks, according to the prospectus:
Aramco is the world’s largest oil producer, pumping 10% of global supply, and its most profitable. Weaker oil prices cut its first half net profit by 12% to $46.9 billion this year, but the figures still overshadowed Apple Inc, the world’s most profitable listed company, which made $31.5 billion.
Below are the main risks, according to the prospectus:
https://archive.md/XETuF
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