Saudi Aramco Base Oil Company - Luberef

Saudi Stock Exchange 2223.SR

Saudi Aramco Base Oil Company - Luberef Net Income for the year ending December 31, 2023: USD 401.95 M

Saudi Aramco Base Oil Company - Luberef Net Income is USD 401.95 M for the year ending December 31, 2023, a -23.52% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.

Saudi Aramco Base Oil Company - Luberef Net Income for the year ending December 31, 2022 was USD 525.54 M, a 31.50% change year over year.
Saudi Aramco Base Oil Company - Luberef Net Income for the year ending December 31, 2021 was USD 399.64 M, a 1,752.07% change year over year.
Saudi Aramco Base Oil Company - Luberef Net Income for the year ending December 31, 2020 was USD 21.58 M, a 157.66% change year over year.
Saudi Aramco Base Oil Company - Luberef Net Income for the year ending December 31, 2019 was USD -37.43 M, a -228.08% change year over year.

Key data

Date	Net Income	EPS (Diluted)	Shares (Diluted, Weighted)	Net Income Margin

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