Aramco Profit Drops 25% in 2023 But Remains Strong at $121 Billion
- Aramco reported $121 billion profit in 2023, down from record $161 billion in 2022
- Second highest profit ever for Aramco
- Lower oil prices and volumes sold impacted results
- Boosted dividends to over $31 billion in Q4 for shareholders
- Revenue dropped to $440 billion from $535 billion in 2022
