16:35 - 4.03.2025

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March 4, Fineko/abc.az. In 2024, Saudi Aramco's net profit totaled  $106.2 billion (a decline of 12.4% versus 2023).

ABC.AZ reports that the company also observed a drop of 5.4% on cash flow from operating activity to $135.7 billion. At that, free cash flow decreased by 15.7% to $85.3 billion.

This pattern is linked with to fall in earnings, which is associated with sales and higher operating expenses, as well as a decrease in financial income.

Company's income declined by 2.9% to $480.4 billion, cost grew by 3.9% up to $273.9 billion. This resulted in a 10.8% drop in gross profit to $206.6 billion.

The company's capital investments increased from $49.7 billion up to $53.3 billion, with forecast of $52-58 billion for 2025.