This was the world’s most profitable company in 2018

Saudi Arabia’s national oil company was the most profitable company on the planet in 2018, according to a new report.

Citing data from Fitch Ratings, Bloomberg News reported Sunday that Saudi Arabian Oil Co. — known as Aramco — generated a whopping $224 billion last year, before interest, tax and depreciation.

Apple Inc. AAPL, +0.65% was a distant second, with $82 billion, followed by South Korea’s Samsung Electronics 005930, +1.23% , Royal Dutch Shell RDS.A, -0.08% , Alphabet Inc. GOOGL, +0.39%GOOG, +0.41% and Exxon Mobil Corp. XOM, +0.07% , Bloomberg reported.

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