Saudi Aramco made $111 billion in 2018, topping Apple as the world's most profitable company by far

Saudi Aramco is by far the most profitable company in the world, according to financial data disclosed by the state-run oil giant in Saudi Arabia.

The company made a whopping $111 billion in 2018, the data show. By comparison, Apple made $59.53 billion in fiscal 2018.

Saudi Aramco made its financial information available in a prospectus for a $10 billion bond sale, which the company plans to use to finance a nearly $70 billion stake in Saudi Arabia's petrochemicals company.

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