The monster windfall by the oil company - the majority of which is owned by the Saudi Arabian government - came as countries around the world have grappled with spiking energy prices.
Oil company Saudi Aramco has reported earning $161bn last year - the highest-ever recorded annual profit by a publicly listed company.
The profit by the Saudi firm, known formally as the Saudi Arabian Oil Co, came as Western sanctions limited the sale of Russian oil and natural gas. Amnesty International's secretary-general, Agnès Callamard, criticised Aramco's annual profit coming amid global concerns about climate change.
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Saudi Aramco posts record $161bn profit on back of strong crude prices\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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Saudi Aramco posts record $161bn profit on back of strong crude prices\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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Saudi Arabia and Iran to restore diplomatic ties after seven-year rift\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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