Earnings

Michang Records Earnings Bump

Michang Records Earnings Bump

June 21, 2024

South Korean lubricants blender Michang Petroleum reported a 13% increase in net profit despite a 4% decline in sales re ...

Hi-Tech Lubricants Lowers Loss

Hi-Tech Lubricants Lowers Loss

June 14, 2024

Pakistani blender Hi-Tech Lubricants Ltd. reported a much smaller net loss for its lubricants segment for the nine month ...

Profits Rise for MJL Bangladesh

Profits Rise for MJL Bangladesh

June 7, 2024

MJL Bangladesh Plc reported increased net profit, Eastern Lubricants Blenders Ltd. posted decreased profits and Lub-rref ...

Terpel Posts Higher Earnings

Terpel Posts Higher Earnings

June 5, 2024

Colombian oil and gas company Terpel reported that its lubricant segment posted increases in gross profit for the first ...

Profits Up at Gulf, Castrol India, Balmer

Profits Up at Gulf, Castrol India, Balmer

May 31, 2024

Gulf Oil Lubricants India Ltd. reported strong increases in net profit for the quarter ended March 31 and its fiscal yea ...

Moove Profits Rebound in First Quarter

Moove Profits Rebound in First Quarter

May 29, 2024

Cosan’s Moove rebounded with a net profit in the first quarter – after a net loss in the same period last year – o ...

MRS Oil Records Jump in Earnings

MRS Oil Records Jump in Earnings

May 28, 2024

Nigerian blender MRS Oil Nigeria reported large increases in gross profit and sales revenue for its lubricants segment i ...

Profit Up at PSP, Down at Lanka IOC

Profit Up at PSP, Down at Lanka IOC

May 24, 2024

Independent Thai lubricant maker P.S.P. Specialties Public Co. reported hefty increases in net profit and sales revenue ...

Lubrizol Posts Improved Earnings

Lubrizol Posts Improved Earnings

May 22, 2024

Lubrizol reported higher first-quarter pre-tax earnings despite a drop in sales revenue – thanks to decreases in raw m ...

Profits Up for Yushiro, KH Neochem

Profits Up for Yushiro, KH Neochem

May 17, 2024

Yushiro Chemical reported increased fiscal-year net profit and sales for the quarter ended March 31, while specialty che ...

Calumet Reports Drop in Sales

Calumet Reports Drop in Sales

May 15, 2024

Calumet Specialty Products Partners L.P. reported decreased base oil and process oil sales revenue for the quarter ended ...

Fuchs Profit Rises Despite Revenue Drop

Fuchs Profit Rises Despite Revenue Drop

May 14, 2024

Independent lubricants blender Fuchs SE reported a 6% increase in first-quarter net profit and a 6% decline in sales rev ...

Profits Decline for GS Caltex, Thai Oil

Profits Decline for GS Caltex, Thai Oil

May 10, 2024

South Korea’s GS Caltex’s base oils and lubricants division reported a small decrease in operating profit for the fi ...

Valvoline, Quaker Chemical Profits Rise

Valvoline, Quaker Chemical Profits Rise

May 8, 2024

Valvoline Inc. reported higher revenue and a quarter bump in increases in operating income for the three months ended Ma ...

Castrol Earnings Up, Luberef’s Down

Castrol Earnings Up, Luberef’s Down

May 7, 2024

BP reported a 14% increase in profits for its Castrol Lubricants business in the first quarter, citing higher margins, w ...

Profits Down for SK Enmove, S-Oil

Profits Down for SK Enmove, S-Oil

May 3, 2024

The base oil and finished lubricant businesses of SK Enmove and S-Oil both reported declines in profits for the quarter ...

First Quarter Earnings Bump for Afton

First Quarter Earnings Bump for Afton

May 1, 2024

Afton Chemical achieved a 14% increase in first-quarter operating profit, primarily due to lower costs that overcame a d ...