- Saudi Aramco press release (ARMCO): FY reported $121 billion in profit last year, down from its 2022 record due to lower energy prices.
- Revenue of $440B (-17.8% Y/Y).
- “Our resilience and agility contributed to healthy cash flows and high levels of profitability, despite a backdrop of economic headwinds,” said Aramco CEO Amin H. Nasser in a statement.
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