Saudi Aramco Base Oil Company - LuberefTADAWUL: 2223

Saudi Aramco Base Oil Company – Luberef: Net income declined 7% year-over-year but rose 6% sequentially, with robust free cash flow

· Issued by Saudi Aramco Base Oil Company - Luberef

Q1 2025 saw net income of SAR 222 million, down 7% year-over-year but up 6% sequentially, with strong free cash flow and improved base oil crack margins. Operational excellence was demonstrated through safety achievements and a major catalyst replacement.

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