Business
$28 billion in adjusted net income for Saudi Aramco in three months
Saudi Aramco, the Saudi oil giant, announced on Tuesday a revised net income of 104.9 billion riyals ($28 billion) for the third quarter of 2025. The results exceeded analysts’ average expectations and showed a slight year-on-year growth of 1%, compared to 104 billion riyals recorded during the same period last year.
Aramco stated in a press release that cash flows from operating activities reached 135.4 billion riyals ($36.1 billion) in the third quarter of this year, compared to 132.1 billion riyals in the corresponding quarter of the previous year.
The Board of Directors also announced base dividends for the third quarter of 2025 amounting to 79.3 billion riyals ($21.1 billion) and performance-linked dividends of 0.8 billion riyals ($0.2 billion), to be paid in the fourth quarter, bringing the total dividends to 80.1 billion riyals (around $21.3 billion).