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Saudi Aramco reports 2018 net income of $111.1 billion

Total assets jumped to $358.9 billion.

Reuters|
Jun 12, 2019, 04.07 PM IST
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Total revenues were at $355.9 billion in 2018.
Saudi Aramco reported on Wednesday a net income attributable to shareholders of $111.1 billion in 2018, up from $75.9 billion the year before, according to a statement from the company.

Aramco said total revenues were at $355.9 billion in 2018, up from $264.2 billion, as oil prices improved. Total assets jumped to $358.9 billion in the same period, from $294 billion in 2017.
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