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Saudi Aramco Base Oil Company - Luberef. announces its Interim Financial results for the Period Ending on 2024-03-31 (Three Months)

2223
LUBEREF
-0.14 %
1445/10/26     05/05/2024 08:11:43

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 2,184,7901,796,74421.5972,529,568-13.629
Gross Profit (Loss) 313,826554,742-43.428359,863-12.792
Operational Profit (Loss) 246,115473,539-48.026280,509-12.261
Net profit (Loss) 239,013445,670-46.369268,654-11.033
Total Comprehensive Income 227,566445,670-48.938219,3893.727
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (After Deducting the Minority Equity) 4,255,0845,530,676-23.063
Profit (Loss) per Share 1.422.65
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListPercentage of the capital (%)Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
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 increase in revenues in the current quarter compared to the same quarter of the last year is due to an increase in by-products prices and volumes.
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 net profit decrease in the current quarter compared to the same quarter of the last year is due to the decrease 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 revenue decrease in the current quarter compared to the previous quarter is mainly due to the decrease in base oil sales prices, and the decrease in base oil volumes due to the scheduled hydrocracker unit shutdown.
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 net profit decrease in the current quarter compared to the previous quarter is mainly due to a decrease in base oil crack margins and a decrease in sales volumes due to the scheduled hydrocracker unit shutdown.
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  

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price 140.6
Net Change -0.2 (-0.14%)
Value Traded (Sar) 43,019,450
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