Sri Lanka

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 ...

Profits Rise at MJL, Dip for Chevron Lanka

Profits Rise at MJL, Dip for Chevron Lanka

March 15, 2024

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. ...

Profits Fall for Thai Oil, Chevron Lanka

Profits Fall for Thai Oil, Chevron Lanka

November 10, 2023

Thai Oil Group’s base oil business suffered steep declines in net profit and sales revenue for the third quarter due i ...

Profits Fall at Lanka IOC, Chevron Lanka

Profits Fall at Lanka IOC, Chevron Lanka

September 1, 2023

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

Earnings up at Lanka IOC, Chevron Lanka

Earnings up at Lanka IOC, Chevron Lanka

June 23, 2023

Lanka IOC reported a hefty jump in operating profit for its fiscal year ending March 31, boosted by commissioning Sri La ...

Results Mixed in Sri Lanka, Pakistan, Vietnam

Results Mixed in Sri Lanka, Pakistan, Vietnam

March 10, 2023

Chevron Lubricants Lanka Plc reported a drop in profit for the quarter ending Dec. 31 but a huge increase in its bottom ...

Additive

Sri Lanka to Allow More Lube Suppliers

January 13, 2023

Sri Lanka’s cabinet of ministers approved last week a proposal to allow additional suppliers to enter the country’s ...

Hi-Tech Lubricants Posts Net Loss

Hi-Tech Lubricants Posts Net Loss

December 2, 2022

Hi-Tech Lubricants Ltd. reported a steep net loss and a 27% decrease in lubricant sales for the quarter ended Sept. 30, ...

Thai Oil Earnings Fell in Second Quarter

Thai Oil Earnings Fell in Second Quarter

August 26, 2022

Thai Oil reported that net profit for its base oil business fell 60% in the second quarter, compared to the same period ...

Profits Jump for Sri Lankan Companies

Profits Jump for Sri Lankan Companies

June 24, 2022

Chevron Lubricants Lanka Plc. reported hefty increases in profit and sales for the quarter ending March 31, and Lanka IO ...

Additive

Chevron Lanka Criticizes Government

May 27, 2022

The CEO of Chevron Lubricants Lanka recently criticized the government’s management of the lube industry, questioning ...

Profits Up for Chevron Lanka, Hi-Tech

Profits Up for Chevron Lanka, Hi-Tech

March 11, 2022

Chevron Lubricants Lanka Plc reported much higher profits and sales for the fourth quarter and the full year of 2021, an ...

Profits Up at SK, S-Oil, Lanka IOC

Profits Up at SK, S-Oil, Lanka IOC

February 4, 2022

South Korean base oil refiners SK Lubricants and S-Oil reported strong increases in profit for the quarter ending Dec. 3 ...

Costs Nick Castrol India, Gulf Oil

Costs Nick Castrol India, Gulf Oil

November 5, 2021

Castrol India Ltd. and Gulf Oil Lubricants India Ltd. both reported lower profits and higher sales for the quarter endin ...

Profits Up for Chevron Lanka

Profits Up for Chevron Lanka

September 10, 2021

Chevron Lubricants Lanka Plc reported increases in profits and sales for the quarter ending June 30, compared to the sam ...

Profits Down for Tide Water, Up for Gulf

Profits Down for Tide Water, Up for Gulf

August 20, 2021

For the quarter ending June 30, Tide Water Oil reported a decrease in profit, while Gulf Oil Lubricants India, Maximus I ...

Profits up for Sri Lankan Lube Suppliers

Profits up for Sri Lankan Lube Suppliers

May 21, 2021

Chevron Lubricants Lanka Plc. reported large increases in profit and sales for the quarter ending March 31, compared to ...