Aramco reported a net profit of $68 billion for the first nine months of the year at the same time as it announced an intention to float on the local stock exchange, Tadawul. According to the company’s statement regarding its intention to float, which also included data on its nine-month performance, its free cash flow position was also solid, at $59 billion, with capex calculated at $23 billion. The net result of Aramco for the first half of the year was $46.9 billion, which means the company netted $21.1 billion during the third quarter…
