2023 Results

Aramco announces full-year 2023 results

Second-highest ever net income, total dividends paid rises 30% year-on-year.

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Aramco today announced its full-year 2023 financial results, reporting a net income of $121.3 billion, its second-highest ever net income. 

 

The results, underpinned by Aramco’s unique operational flexibility, reliability and low-cost production base, reflect the company’s ongoing commitment to creating value for its shareholders.  

 

Amin H. Nasser, Aramco president and CEO, said: “In 2023, we achieved our second-highest ever net income. Our resilience and agility contributed to healthy cash flows and high levels of profitability, despite a backdrop of economic headwinds. We also delivered for our shareholders with a 30% year-on-year increase in total dividends paid in 2023. 

 

To read more, click here.

Read about Aramco’s results and performance in more details here at www.aramco.com/investors.

 

 

Take an in-depth look at our performance for the 2023 financial year.

 

Saudi Aramco Annual Report 2023


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