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Saudi Aramco Base Oil Company — Luberef announced its 2024 annual financial results, reporting total revenue of approximately SAR 10 Billion and net income of approximately SAR 972 Million.

Saudi Aramco Base Oil Company - Luberef announced its H1 2024 financial results, reporting total revenue of approximately SAR 4.9 Billion and net income of approximately SAR 538 Million. Net income decreased by 40% compared to the same period in 2023 due to a decline in base oil and by-products crack margins.