Saudi Aramco Base Oil Co. (2223)

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News

2 November 2025 03:00 AM Luberef’s net profits hit SAR 745.5m in 9M-25

Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) generated net profits of SAR 745.53 million in the first nine months (9M) of 2025, down 2.39% from SAR 763.81 million in 9M-24.Revenues shrank by 11.80% year-on-year (YoY) to SAR 6.53 billion

Sector Reports

26 October 2025 03:00 AM Luberef extends Yanbu facility land lease in SAR 116m deal

Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) has extended its land lease investment agreement for the Yanbu facility with the Royal Commission for Jubail & Yanbu for 20 years, renewable.The SAR 116.12 million agreement covers Yanbu’s pr

Companies Investments

5 May 2025 03:00 AM Luberef announces SAR 221.5m net profits in Q1-25

Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) logged net profits valued at SAR 221.50 million in the first quarter (Q1) of 2025, lower by 7.32% than SAR 239.01 million in Q1-24.The revenues declined by 2.60% year-on-year (YoY) to SAR 2.1

Sector Reports

17 February 2025 01:49 PM Luberef’s revenues exceed SAR 10bn in 2024; dividends for H2 unveiled

Riyadh – Mubasher: The net profits of Saudi Aramco Base Oil Company (Luberef) fell by 35.61% to SAR 972.02 million in 2024 from SAR 1.50 billion in 2023. Revenues amounted to SAR 10.03 billion in the January-December 2024 period, up 5.77% …

Cash Dividends

4 November 2024 00:06 PM Luberef’s net profits shrink 38.5% in 9M-24

Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) generated SAR 763.81  million in net profit during the first nine months (9M) of 2024, marking a 38.44% plunge from SAR 1.24 billion in 9M-23. Revenues stood at SAR 7.40 billion in 9M-24, …

Financial Results

6 August 2024 00:01 PM Luberef logs SAR 538m profits in H1-24; dividends unveiled

Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) posted net profits valued at SAR 537.85  million in the first half (H1) of 2024, down 40.27% year-on-year (YoY) from SAR 900.52 million. The revenues increased by 11.42% to SAR 4.91 …

Financial Results

5 May 2024 04:09 PM Luberef’s net profit plummets 46% YoY in Q1-24

Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) logged a 46.36% year-on-year (YoY) drop in net profit to SAR 239.01 million in the first quarter (Q1) of 2024 from SAR 445.67 million. Revenues went up 21.59% YoY to SAR 2.18 billion in …

Financial Results

28 February 2024 11:39 AM Luberef’s profits shrink to SAR 1.5bn in 2023; dividends proposed

Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) posted 23.68% year-on-year (YoY) lower net profits at SAR 1.50 billion in 2023, compared to SAR 1.97 billion. Luberef posted revenues amounting to SAR 9.48 billion as of 31 December 2023, …

Board of Directors

7 November 2023 03:13 PM Luberef’s net profits up to SAR 1.24bn in 9M-23

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Aramco Base Oil Company (Luberef) reached SAR 1.24 billion in the first nine months (9M) of 2023, up 2.15% from SAR 1.21 billion in 9M-22. Revenues plummeted by 20.96% year-on-year …

Financial Results

31 July 2023 10:21 AM Luberef records SAR 900.5m profits in H1-23; dividends announced

Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) posted SAR 900.52 million in net profit after Zakat and tax during the first half (H1) of 2023, an annual rise of 21.68% from SAR 740.10 million. Revenues hit SAR 4.40 billion in H1-23, …

Board of Directors

4 May 2023 03:42 PM Luberef’s profits hike 47% in Q1-23 initial results

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Aramco Base Oil Company (Luberef) jumped by 47.27% to SAR 445.67 million during the first quarter (Q1) of 2023, versus SAR 302.63 million in Q1-22. The revenues plummeted by 34.44% to …

Financial Results

1 May 2023 11:18 AM Luberef’s shareholders greenlight H2-22 dividends

Riyadh – Mubasher: The shareholders of Saudi Aramco Base Oil Company (Luberef) approved the distribution of SAR 841.28 million as cash dividends for the second half (H2) of 2022, according to a bourse filing. Eligible shareholders will receive a …

Board of Directors

27 February 2023 10:42 AM Luberef inks SAR 555m contract to expand Yanbu facility

Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) penned an engineering, procurement, and construction deal worth SAR 555 million to enlarge the Yanbu facility's base oil production capacity. The 30-month agreement aims to expand the …

Companies Investments

19 February 2023 09:40 AM Aramco's Luberef records higher profits in 2022; dividends for H2-22 proposed

Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) recorded net profits after Zakat and tax worth SAR 1.97 billion in 2022, a growth of 31.65% from SAR 1.50 billion in 2021. Revenues stood at SAR 10.61 billion in the January-December 2022 …

Financial Results