Saudi Aramco Base Oil Company - Luberef 2223
TADAWUL · Saudi Arabia · Energy Minerals
SAR 127.30-0.40 (-0.31%)
Market open· · SAR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · SAR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Total return, dividends included.
Where the price sits against its 50- and 200-day moving averages.
Makkler Fair Value, financial health score, analyst view, peers and MakklerAI.
For much of the Iran war, China has helped balance the market by reducing imports of oil. That appears to be changing.
Luberef posts a 113% surge in net income to 992 million SAR, driven by record base oil crack margins, while navigating export rerouting and inventory revaluation losses.
Despite a 12% decline in sales volume, Saudi Aramco Base Oil Co - Luberef (SAU:2223) reported a 16% increase in net income, showcasing resilience in a challenging market environment.
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