Saudi Aramco Base Oil Company - LuberefTADAWUL: 2223

Saudi Aramco Base Oil Company – Luberef: Revenue up 6% but net income down 36% as margins normalize; capacity expansion on track

· Issued by Saudi Aramco Base Oil Company - Luberef

Revenue grew 6% to SAR 10.04 billion, but net income fell 36% to SAR 972 million due to margin compression and higher costs. Operational excellence, strong cash flow, and strategic investments in capacity and localization initiatives position the company for future growth.

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