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Saudi Aramco Base Oil Company - Luberef announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 2,127,9582,184,790-2.6012,626,789-18.99
Gross Profit (Loss) 287,547313,826-8.373338,584-15.073
Operational Profit (Loss) 226,344246,115-8.033221,5882.146
Net profit (Loss) 221,508239,013-7.323208,2106.386
Total Comprehensive Income 195,814227,566-13.952256,705-23.72
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Shareholders Equity (after Deducting Minority Equity) 4,075,0474,255,084-4.231
Profit (Loss) per Share 1.321.42
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
Accumulated Losses --
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason for the decrease in the revenue for the current quarter compared to the same quarter last year is mainly due to a decrease in by-products sales volumes, despite an increase in base oil prices.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason for the decrease in the net profit for the current quarter compared to the same quarter last year is mainly due to a decrease in by-products crack margins, despite an increase in base oil crack margins.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason for the decrease in the revenue for the current quarter compared to the previous quarter is mainly due to a decrease in base oil sales volumes as well as a decrease in by-products sales volumes.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason for the increase in the net profit for the current quarter compared to the previous quarter is mainly due to an increase in by-products and base oil crack margins, despite the decrease in base oil sales volumes.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None
Reclassification of Comparison Items None
Additional Information None
Attached Documents  

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762_26272_3903_2025-05-04_09-16-16_en.pdf