Saudi Aramco Base Oil Company JSC
SAU:2223
Gross Margin
Saudi Aramco Base Oil Company JSC
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| SA |
S
|
Saudi Aramco Base Oil Company JSC
SAU:2223
|
21.8B SAR |
13%
|
|
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR |
18%
|
|
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
37.4B USD |
3%
|
|
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
614.2T IDR |
3%
|
|
| US |
|
Dow Inc
NYSE:DOW
|
25.5B USD |
11%
|
|
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
23.3B USD |
11%
|
|
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
109.5B CNY |
7%
|
|
| KR |
|
LG Chem Ltd
KRX:051910
|
20.7T KRW |
15%
|
|
| US |
|
Westlake Corp
NYSE:WLK
|
13.2B USD |
16%
|
|
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
979.1B INR |
49%
|
|
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
82B CNY |
4%
|
Saudi Aramco Base Oil Company JSC
Glance View
In the heart of the oil-rich landscape of Saudi Arabia, the Saudi Aramco Base Oil Company JSC—or Luberef, as it is commonly known—operates as a key player in the global energy sector. This enterprise, a subsidiary of the petroleum powerhouse Saudi Aramco, epitomizes the transformation of crude oil into valuable base oils critical for the lubrication of machinery worldwide. Through a meticulous refining process, crude oil is distilled and purified into base oil stocks. These products are indispensable for manufacturing lubricants that minimize friction in engines and industrial equipment—essentially keeping the commercial and transportation sectors running smoothly. Luberef's operations are strategically spread across major facilities, with its Refinery in Yanbu and Jeddah representing state-of-the-art centers that elevate its production capabilities. Profit-generation for Luberef hinges on a finely-tuned strategy that combines efficient operations with the leverage of Aramco’s vast resources and international foothold. By focusing on producing a diverse range of high-quality base oils—ranging from Group I to Group II and III—the company addresses varying market needs, from automotive applications to more specialized industrial-grade lubricants. This enables Luberef to tap into a broad spectrum of economic and industrial activity, responding to the ever-growing demand in both emerging and developed markets. Furthermore, strategic partnerships and a robust distribution network enhance its global reach, allowing Luberef to convert its product outputs into substantial revenue streams. Through these concerted efforts, Luberef not only capitalizes on its intrinsic connection to one of the world's largest oil entities but also strengthens its position as a catalyst of industrial lubrication across the globe.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Saudi Aramco Base Oil Company JSC's most recent financial statements, the company has Gross Margin of 13.3%.
You don't have any saved screeners yet