SATORP losses decreased to $309m by the end of the first nine months of 2021

JEDDAH: Arabian Aramco Total Services Company (SATORP) saw its losses decrease to SR1.16 billion ($309 million) by the end of the first nine months of 2021, compared to losses of SR1.8 billion achieved during the same period in 2020, according to the company’s filing.

The company attributed the reason to the improvement in sales margins resulting from the prevailing conditions in the market.