1、Aramco announces second quarter and half year 2024 resultsCompany delivers strong performance as key milestones advance long-term growth strategy Net income:$29.1 billion(Q2)/$56.3 billion(H1)Cash flow from operating activities:$31.1 billion(Q2)/$64.7 billion(H1)Free cash flow1:$19.0 billion(Q2)/$41
2、.7 billion(H1)Gearing ratio1:-0.5%as at June 30,2024,compared to-6.3%at December 31,2023 Q2 2024 base dividend of$20.3 billion and performance-linked dividend distribution of$10.8 billion to be paid in the third quarter Company expects to declare industry-leading total dividends of$124.2 billion2 in
3、 2024 Secondary public offering of Aramco shares and$6.0 billion bond offering receive strong demand from investors worldwide Company advances strategic gas expansion with announcement of contract awards worth more than$25.0 billion as it targets sales gas production growth of more than 60%by 2030,c
4、ompared to 2021 levels Company agrees to acquire 10%equity interest in HORSE Powertrain Limited,the global powertrain solutions company established by Renault Group and Geely International retail expansion progresses with successful acquisition of 40%equity stake in Gas&Oil Pakistan Ltd Agreement wi
5、th Pasqal to install first quantum computer in the Kingdom of Saudi ArabiaKey financial results“We have delivered market-leading performance once again,with strong earnings and cash flows in the first half of the year.Leveraging these strong earnings,we continued to deliver a base dividend that is s
6、ustainable and progressive,and a performance-linked dividend that shares the upside with our shareholders.“We have also continued to create and deliver both value and growth,as demonstrated by the positive investor response to the Governments secondary public offering of Aramco shares and our recent