What Is The World's Most Profitable Company? Unlisted Video

5 years ago
11

New York (CNN Business)Saudi Aramco, divulging its finances for the first time, revealed that it is the world's most profitable company. The Saudi oil company made $111 billion last year, according to a note from Moody's. The rating agency based that on a prospectus for a massive bond offering Aramco expects to use to help finance the purchase 70% of Saudi Basic Industries Corporation. Aramco hopes to buy the state-owned petrochemical company for $69.1 billion.

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