Saudi Aramco Base Oil Company profits in 2022 rose 31.6% to 1.9 billion riyals, compared to 1.5 billion riyals in 2021.
The company's revenues also rose by 20% to 10.6 billion riyals from 8.8 billion riyals in 2021.
The Board of Directors recommended distributing cash dividends to shareholders for the second half of 2022 worth SAR 841 million and a share of SAR 5 per share.
