DUBAI: Saudi Arabian state oil producer Aramco on Tuesday posted a 39% jump in its third-quarter net income that beat analysts' forecasts, boosted by higher crude oil prices and volumes sold.
Aramco's net income rose to $42.4 billion for the three months to Sept. 30 from $30.4 billion a year earlier, it said in a regulatory filing. It was just above the median net profit forecast of $41.7 billion from 16 analysts.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!