Luberef Reports Higher H1 Profit, Revenue

01:59 AM EDT, 08/02/2026 (MT Newswires) -- Saudi Aramco Base Oil Co. (SASE:2223), d/b/a Luberef, said Sunday that its attributable profit and revenue for the first half surged year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 992.1 million Saudi riyals, compared with 466.7 million riyals earlier. EPS moved to 5.9 riyals from 2.77 riyals. The Saudi Arabia-listed base oil producer's revenue was 5.58 billion riyals, compared with 4.38 billion riyals a year ago. Meanwhile, the board declared a cash dividend of 4 riyals per share for the period, payable on Oct. 15 to shareholders on record Oct. 1. It paid 1 riyal per share a year ago.