Saudi Aramco’s The World’s Most Profitable Company – But What Is Profit?

Not quite a philosophic, or existential, question but an important one all the same – just what is profit at a nationally owned resource company? The importance of this being that sure, Saudi Aramco is the world’s most profitable company but how much of that actually belongs to the stockholders as the stockholders in Saudi Aramco?

More, will whatever that definition is before the IPO be the same one that pertains some years after it?…

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