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الاقتصادية
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الاقتصادية

2026-11-04T16:11:14.508Z

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Luberef profits jump 92%

Luberef profits jump 92%

Luberef’s net profit surged 92.3% year on year in the third quarter of 2026 to SAR 536.2 million, driven by higher crack margins for base oils and by-products, as well as operational efficiency, despite lower sales volumes and geopolitical disruptions. In the first nine months of the year, profit rose 105% to SAR 1.53 billion, while third-quarter profit fell 27% compared with the second quarter.

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