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World's most valuable company Saudi Aramco's profits surge by over 80% in Q1
short by Ridham Gambhir / on Monday, 16 May, 2022
Saudi Aramco has said that its profits jumped by more than 80% in the first three months of the year. The first-quarter earnings of the firm showed a record net income of $39.5 billion, up from $21.7 billion during the same period last year. Notably, Saudi Aramco overtook Apple as the world’s most valuable company last week.