Saudi Aramco’s 2020 Net Income Drops to $49Bln Amid Pandemic, Company Says

MOSCOW (Sputnik) – Saudi Arabia’s state oil giant, Aramco, said Sunday that its net income slid to $49 billion in 2020 amid the COVID-19 pandemic.

“Aramco achieved a net income of $49 billion in 2020,” Saudi Aramco said in a press release.

The net profit in 2019 was estimated at $88 billion.

Sourse: sputniknews.com

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