Q3

Aramco records net income of $11.8 billion, free cash flow of $12.4 billion for Q3

Aramco records net income of $11.8 billion, free cash flow of $12.4 billion for Q3

The Saudi Arabian Oil Company (Aramco) announced its financial results for the third quarter of 2020. These results highlight the Company’s financial and operational strength, despite market volatility and the impact of COVID-19 on the global economy, Aramco said on Tuesday. “Aramco continues to demonstrate its strength and resilience across economic cycles, navigating challenging market…

Huawei announces Q3 2020 business results, generates CNY671.3 billion in revenue

Huawei announces Q3 2020 business results, generates CNY671.3 billion in revenue

Huawei today announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, an increase of 9.9% over the same period last year. The company’s net profit margin in this period was 8.0%. Throughout the first three quarters of 2020, Huawei’s business results basically met expectations,…