Saudi Arabia’s national oil company was the most profitable company on the planet in 2018, according to a new report. Citing data from Fitch Ratings, Bloomberg News reported that Saudi Arabian Oil Co. — known as Aramco — generated a whopping $224 billion last year, before interest, tax and depreciation.
Apple Inc.was a distant second, with $82 billion in 2018 profits. The next four on the list are all familiar names:
- Samsung Electronics
- Royal Dutch Shell
- Alphabet Inc.
- Exxon Mobil
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