Saudi Aramco Base Oil Company - Luberef

Saudi Stock Exchange 2223.SR

Saudi Aramco Base Oil Company - Luberef Gross Profit for the year ending December 31, 2023: USD 494.81 M

Saudi Aramco Base Oil Company - Luberef Gross Profit is USD 494.81 M for the year ending December 31, 2023, a -25.61% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Saudi Aramco Base Oil Company - Luberef Gross Profit for the year ending December 31, 2022 was USD 665.20 M, a 22.49% change year over year.
Saudi Aramco Base Oil Company - Luberef Gross Profit for the year ending December 31, 2021 was USD 543.07 M, a 397.73% change year over year.
Saudi Aramco Base Oil Company - Luberef Gross Profit for the year ending December 31, 2020 was USD 109.11 M, a 110.18% change year over year.
Saudi Aramco Base Oil Company - Luberef Gross Profit for the year ending December 31, 2019 was USD 51.91 M, a -52.42% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Saudi Stock Exchange: 2223.SR

Saudi Aramco Base Oil Company - Luberef

CEO	Samer Adbulaziz M. Al-Hokail Eng.
IPO Date	Dec. 28, 2022
Location	Saudi Arabia
Headquarters	Saudi Aramco Industrial Area
Employees	609
Sector	Energy
Industries Oil Refining Oil Extraction Oil & Gas

Description

Saudi Aramco Base Oil Company Luberef produces and sells base oils and various by-products in the Kingdom of Saudi Arabia and internationally. It offers various group I and group II base oils; and byproducts, such as asphalt, marine heavy fuel oil, slack wax, extract, and sulfur, as well as white products, including ultra-low sulfur diesel, naphtha, and drilling fluid. The company was incorporated in 1976 and is headquartered in Jeddah, the Kingdom of Saudi Arabia. Saudi Aramco Base Oil Company Luberef is a subsidiary of Saudi Arabian Oil Company.

Key trends

Past 5 years