Aramco, the Saudi state-owned oil giant, has seen its profits fall by 38% to $30bn.
It follows a record figure posted by the oil group earlier this year of $161bn.
Lower crude oil prices and thinner margins in refining oil have seen profits fall by more than a third compared to the first quarter of 2023.
However, the company raised its payout to shareholders in the form of a $30bn dividend.
Please subscribe here: http://bit.ly/1rbfUog
#Aramco #SaudiArabia #BBCNews