Saudi Aramco Base Oil Co. (2223)

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News

2 November 2025 02:45 PM 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 …

Financial Results

26 October 2025 05:43 PM 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 …

Companies Investments

6 August 2025 08:22 AM Luberef’s profits down 13% in H1-25; dividends unveiled

Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) achieved 13.22% lower net profits at SAR 466.70 million in the first half (H1) of 2025, compared to SAR 537.85 million. Revenues amounted to SAR 4.37 billion as of 30 June 2025, down …

Financial Results

5 May 2025 01:26 PM 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 …

Financial Results

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% …

Board of Directors

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 …

Cash Dividends

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, …

Financial Results

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 …

General Assembly

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 …

Board of Directors