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Saudi Aramco announces first-quarter net profit of $31.9 bln, down 19.25 pct


Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.
“We are… moving forward with our capacity expansion, and our long-term outlook remains unchanged,” president and CEO Amin Nasser said in a statement.
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