Earnings

PSP Profits, Sales Decline in 2023

PSP Profits, Sales Decline in 2023

March 8, 2024

P.S.P. Specialties Public Co. reported lower sales and net profit for 2023, while PV Oil Lube JSC achieved a significant ...

Quaker Chemical Back in Black Ink

Quaker Chemical Back in Black Ink

March 6, 2024

Quaker Chemical rebounded with net profits for the full year and fourth quarter last year, after reporting net losses fo ...

Luberef Earnings Fell in 2023

Luberef Earnings Fell in 2023

March 5, 2024

Luberef reported a 24% drop in net profit for full-year 2023 as the effects of decreased crack margins more than offset ...

Hi-Tech Lubricants Earnings Rise

Hi-Tech Lubricants Earnings Rise

March 1, 2024

Pakistan’s Hi-Tech Lubricants reported a smaller consolidated net loss for its lubricants segment and improved segment ...

Calumet Cuts Loss; Perimeter Profit Falls

Calumet Cuts Loss; Perimeter Profit Falls

February 28, 2024

Calumet Specialty Products Partners L.P. reported a rebound in net income for the full year 2023, although the fourth qu ...

Conoil Profit Falls on Lower Sales

Conoil Profit Falls on Lower Sales

February 27, 2024

Nigerian lube blender Conoil reported a slightly lower gross profit and a 42% drop in sales revenue for its lubricants s ...

Castrol India Posts Jump in Profits

Castrol India Posts Jump in Profits

February 23, 2024

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- ...

Downturn for Safety-Kleen, HF Sinclair

Downturn for Safety-Kleen, HF Sinclair

February 21, 2024

Clean Harbor’s Safety-Kleen Sustainability Solutions segment suffered declines in third-party revenues for the full ye ...

MRS Posts Big Earnings Jump

MRS Posts Big Earnings Jump

February 20, 2024

Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a ...

Profits Rise for GS Caltex, Fall for Thai Oil

Profits Rise for GS Caltex, Fall for Thai Oil

February 16, 2024

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 d ...

Valvoline Posts Big Jump in Earnings

Valvoline Posts Big Jump in Earnings

February 14, 2024

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended De ...

Castrol Profits Surged in 4th Quarter

Castrol Profits Surged in 4th Quarter

February 13, 2024

BP reported a triple-digit increase in fourth-quarter profitability for its Castrol lubricants business and a slight imp ...

Profits Down at SK, S-Oil

Profits Down at SK, S-Oil

February 9, 2024

Operating income was down for the fourth quarter and full year for both SK Enmove’s and S-Oil’s base oil and lubrica ...

Afton Profit Down for Quarter, Up for 2023

Afton Profit Down for Quarter, Up for 2023

February 7, 2024

Afton Chemical suffered drops in sales and operating profit for the fourth quarter plus a dip in sales for the full year ...

Car Production Boosts Moresco’s Specialty Lubes

Car Production Boosts Moresco’s Specialty Lubes

January 26, 2024

Japan's Moresco reported an 8% rise in specialty lubricant sales and a 31% decline in synthetic lubricant sales for the ...

Eastern Lubricants Suffers Big Drop in Profits

Eastern Lubricants Suffers Big Drop in Profits

January 12, 2024

Eastern Lubricants Blenders Ltd. reported a steep drop in net profit and an operating loss on a slight decline in sales ...

Industrial Lube Sales Boost Copton

Industrial Lube Sales Boost Copton

January 5, 2024

Chinese lubricants blender Copton Tech Co. reported higher net profit and sales revenue for the quarter ending Sept. 30 ...

PSP Reports Higher Profits

PSP Reports Higher Profits

December 29, 2023

Thai independent lubricant manufacturer P.S.P. Specialties Public Co. reported a 24% jump in net profit despite a 7% dec ...