Saudi Arabian Oil Co. (Saudi Aramco) will disclose its financial results and dividends for Q2 2020 before the start of trading on Sunday, Aug. 9, in line with Saudi Capital Market Authority (CMA) requirements, the company said in a statement.
The audio webcast will take place at 3.30 pm KSA on August 10, following the publication of the second quarter results (available at www.aramco.com/investors), the oil producer added.
According to the data compiled by Argaam, Al-Rajhi Capital expects Saudi Aramco to post a 62% slump year-on-year in Q2 2020 net profit to SAR 35.2 billion.
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