Earnings

Savita Posts Lower Profit

Savita Posts Lower Profit

Lube Report Asia - July 15, 2020

Mumbai-based Savita Oil – a supplier of transformer oils, white oils, lubricants and other products – reported lower ...

Profits Down for GP, MJL

Profits Down for GP, MJL

Lube Report Asia - July 8, 2020

India’s GP Petroleums Ltd. and MJL Bangladesh Ltd. each reported a drop in net profit for the quarter ending March 31.

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Mixed Results for Indian Companies

Lube Report Asia - July 1, 2020

Apar Industries reported a steep drop in net profit for the quarter ending March 31, while Maximus International and Con ...

Profits Down for Indian Lube Suppliers

Profits Down for Indian Lube Suppliers

Lube Report Asia - June 24, 2020

Tide Water Oil Co. and Balmer Lawrie & Co.’s greases and lubricants segments both reported declines in profit for ...

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Pandemic Cuts Profits for Gulf, Castrol India

Lube Report Asia - June 17, 2020

Castrol India and Gulf Oil Lubricants India Ltd. both reported steep drops in profits for the quarter ending March 31, c ...

Profits Dip at Lanka IOC, Petronas

Profits Dip at Lanka IOC, Petronas

Lube Report Asia - June 4, 2020

Lubricant supplier Lanka IOC reported a net loss while the lubricants business segment of Malaysian state-owned oil firm ...

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Profits Up for Thai Oil Base Oils

Lube Report Asia - May 27, 2020

Stated-owned Thai Oil Group’s base oil business reported a major increase in net profit on lower sales revenue in the ...

Profit Down for Chevron Lubricants Lanka

Profit Down for Chevron Lubricants Lanka

Lube Report Asia - May 21, 2020

Chevron Lubricants Lanka Plc reported sharp declines in profit and sales for the quarter ending March 31, compared to th ...

Profits Up for GS Caltex, Down for KH Neochem

Profits Up for GS Caltex, Down for KH Neochem

Lube Report Asia - May 15, 2020

GS Caltex reported increased operating profit for its base oil and lubricant business, and KH Neochem Co. poster lower o ...

Mixed Q1 for South Korean Companies

Mixed Q1 for South Korean Companies

Lube Report Asia - May 4, 2020

Among South Korea’s large base oil refiners, S-Oil and Hyundai Shell Base Oil both posted large increases in operating ...

Earnings up for Hi-Tech, Down for NRL

Earnings up for Hi-Tech, Down for NRL

Lube Report Asia - April 30, 2020

Hi-Tech Lubricants posted higher net profit for the quarter ending March 31, while National Refinery Ltd. reported decre ...

Esso Thailand’s Lube Sales Down

Esso Thailand’s Lube Sales Down

Lube Report Asia - April 23, 2020

Esso (Thailand) Public Co.’s lubricant sales fell 5.7 percent last year, in line with a decline in the country’s sal ...

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Malaysian Palm Industry Wants to Reopen

Lube Report Asia - April 8, 2020

Two industry associations urged the Malaysian state of Sabah this week to allow oil palm plantations and mills to reopen ...

Thai Oil’s Q4 Net Profit Jumps

Thai Oil’s Q4 Net Profit Jumps

Lube Report Asia - April 2, 2020

Stated-owned Thai Oil Group’s base oil business posted a massive jump in net profit for the fourth quarter of 2019, an ...

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Apar Posts Decline in Net Profits, Income

Lube Report Asia - January 24, 2020

Apar Industries Ltd. reported that its transformer oil and specialty oil segment had income of Rs 32.3 crore (Rs 323 mil ...

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Profits Up for Tide Water, MJL Bangladesh

Lube Report Asia - November 22, 2019

Tide Water Oil Co. and MJL Bangladesh Ltd. each reported significant gains in net profit but declines in revenue for the ...

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Results Up for Most Indian Companies

Lube Report Asia - November 15, 2019

Gulf Oil Lubricants India Ltd., Balmer Lawrie & Co., GP Petroleums Ltd. and Continental Petroleums Ltd. each reported in ...