Aramco plans to post Q1 2024 financials on May 7

Saudi Arabian Oil Co. (Saudi Aramco) stated that it intends to disclose its Q1 2024 financials before the start of trading on the Saudi Exchange (Tadawul) on May 7.

In a statement, the oil giant added that it will also discuss the three-month results in an audio webcast at 3:30 pm Riyadh time on the same day.

Aramco posted a 24% drop in its 2023 net profit to SAR 452.8 billion, compared to SAR 597.2 billion a year earlier, according to data available with Argaam.

Source: Argaam