Aramco reported that its third quarter net income attributable to shareholders' equity declined to $25.94 billion from $26.03 billion, last year. The company said the decrease was mainly driven by lower revenue and other income related to sales, partially offset by lower operating costs. Earnings per share was $0.11, flat with prior year. Adjusted net income increased to $28.0 billion from $27.7 billion.
Third quarter revenue declined to $102.98 billion from $111.1 billion, last year. Revenue and other income related to sales were $111.51 billion compared to $123.9 billion, previous year. The company said the decrease was due to lower revenue and lower other income related to sales.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.