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

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

All figures are in (Thousands) Saudi Arabia, Riyals

Element List

Current Period

Similar period for previous year

%Change

Total Share Holders Equity (After Deducting the Minority Equity)

4,255,084

5,530,676

-23.063

Profit (Loss) per Share

1.42

2.65

All figures are in (Thousands) Saudi Arabia, Riyals

Element List

Percentage 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 List

Explanation

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,