Saudi Aramco announced for the first time financial results on Monday, reporting a net income of US$46.9 billion for the first half of 2019, down by 12 percent from US$53 billion in H1 2018 on the back of lower oil prices. Earlier this year, the world’s largest oil company which pumps all the oil in the world’s largest oil exporter Saudi Arabia, said that it would reveal first-half figures and hold its first-ever earnings call as part of its debut international bond and as the Kingdom continues to work on listing 5 percent in…
