| Element List |
Explanation |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is |
Net income for the third quarter of 2021 was SAR 114.09 billion ($30.43 billion), compared to SAR 44.21 billion ($11.79 billion) for the same quarter of 2020. This increase of 158.1% principally reflects the impact of higher crude oil prices and volumes sold and stronger refining and chemicals margins. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is |
Net income for the third quarter of 2021 was SAR 114.09 billion ($30.43 billion), compared to SAR 95.47 billion ($25.46 billion) for the second quarter of 2021. The increase was mainly driven by higher crude oil prices and volumes sold and improved refining margins. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is |
Net income for the first nine months of 2021 was SAR 291.00 billion ($77.60 billion), compared to SAR 131.31 billion ($35.02 billion) for the same period in 2020. The increase was mainly driven by higher crude oil prices, improved refining and chemicals margins and the consolidation of SABIC’s results. |
| Statement of the type of external auditor's report |
Unmodified conclusion |
| Reclassification of Comparison Items |
None |
| Additional Information |
* Given the nature of Saudi Aramco’s business in prospecting, exploring, drilling and extracting hydrocarbon substances (Upstream), Saudi Aramco’s consolidated statement of income does not include gross profit. |
| Attached Documents |
|
Comments