Via Yousef Saba and Maha El Dahan in reuters.com: Saudi Arabias state-owned oil giant Aramco (2222.SE), opens new tab boosted its dividend despite net profit falling 24.7% to $121.3 billion in 2023 on lower oil prices and volumes, showing the states continued reliance on oil revenue as it seeks to diversify. The profit, down from $161.1 billion in 2022, was still the companys second-highest on record, Aramco said on Sunday as it reported total dividends for the year of $97.8 billion, up 30%. Oil revenues made up 62% of total state revenues last year.
