Earnings

Hi-Tech Lubricants’ lubricants segment recorded a net loss and a 26% drop in sales for the fiscal year ending June 30, citing sluggishness in Pakist ...

RS Clare Posts Jump in Profits

September 26, 2023

United Kingdom-based lubricant manufacturer RS Clare & Co. reported a 32% jump in profit and a 25% increase in revenue for full-year 2022, accordi ...

Richful Lube Additives Co. reported a 71% surge in net profit for the first half of 2023, while lubricant marketer Lopal Tech Co. posted a 4% increase ...

Bosnian base oil and lubricant producer Rafinarija Ulja Modrica ended the first half of this year with a net loss of 1.1 million convertible marks, a ...

The lubricants business of Hong Kong-based Yip’s Chemical Holdings Ltd. reported an operating profit for the first half of the year – rebounding f ...

Higher sales and increased revenue from other sources helped Tide Water Oil (India) Ltd. post a 12% increase in net profit for the quarter ending June ...

Operating profit for Lanka IOC plummeted 80% for the quarter ended June 30 due to a steep increase in cost of sales, while Chevron Lubricants Lanka Pl ...

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and Peru, its two major geographi ...

African distributor Vivo Energy reported double-digit declines in profit for its lubricant segment and a 5% decrease in revenue from external customer ...

Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sales decline that the company bla ...

Lubrizol Corp.’s pre-tax profit for the second quarter fell 25% year to year due to the fact that earnings in the same period of 2022 were inflated ...

Second quarter profits for metalworking fluids and industrial fluids manufacturer Yushiro Chemical received a boost from the easing of the global semi ...

Rerefiner Heritage-Crystal Clean reported a steep fall in second quarter revenues for its oil business segment – which includes oil rerefining, wast ...

Nigerian blender MRS Oil Nigeria Plc reported a nearly six-fold jump in gross profit and an 18% increase in sales revenue for its lubricants segment i ...

The quarter ending June 30 brought mixed results for several Indian lubricant companies, as Gulf Oil Lubricants India Ltd. cited positive impacts from ...

Valvoline Inc. reported large increases in income and sales from continuing operations and in system-wide store sales for the quarter ended June 30, c ...

BP reported that profits for its Castrol lubricants business dropped 23% in the second quarter, as adverse foreign exchange impacts and higher costs o ...

SK Enmove’s base oils and lubricants business and S-Oils base oils and lubricants business both achieved slightly higher profits for the quarter end ...

Despite increases in used oil collection and sales volumes of rerefined base oils, Clean Harbors reported lower second quarter revenue and profits for ...

Fuchs SE reported a 10% increase in net profit on 7% greater sales revenue for the second quarter, citing continued impacts from price increases insti ...