Chevron Lubricants Lanka PLC engages in blending, manufacturing, importing, distributing, and marketing lubricant oils, greases, break fluids, and specialty products in Sri Lanka. Its products include petrol car engine oils, diesel vehicle engine oils, motor cycles and outboard engine oils, marine engine oils, general purpose automotive gear oils, automatic transmission oils, coolants, brake fluids, industrial lubricants, greases, specialties, and other products. The company also provides lubricant maintenance and analysis programs, in-service oil trending and monitoring programs, drain interval optimization, systematic failure analysis services, HES support, and Sydney technology centre (ST...
490 Galle Road
Founded in 1992
Chevron Lubricants Lanka PLC Announces Third Interim Dividend, Payable on Nov. 11, 2013
Oct 22 13
Chevron Lubricants Lanka PLC announced third interim dividend of LKR 4.50 per share for the year 2013, payable on Nov. 11, 2013. The ex-dividend date is Oct. 31, 2013.
Chevron Lubricants Lanka PLC Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
Jul 24 13
Chevron Lubricants Lanka PLC reported unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported revenue of LKR 2,427,146,000 against LKR 2,560,256,000 for the same period of last year. Operating profit was LKR 689,136,000 against LKR 671,972,000 for the same period of last year. Profit before income tax was LKR 769,036,000 against LKR 728,597,000 for the same period of last year. Profit was LKR 562,514,000 against LKR 533,172,000 for the same period of last year. Basic earnings per share were LKR 4.69 against LKR 4.44 for the same period of last year.
For the six months, the company reported revenue of LKR 5,595,421,000 against LKR 5,896,376,000 for the same period of last year. Operating profit was LKR 1,677,546,000 against LKR 1,580,680,000 for the same period of last year. Profit before income tax was LKR 1,822,527,000 against LKR 1,651,362,000 for the same period of last year. Profit was LKR 1,332,370,000 against LKR 1,194,275,000 for the same period of last year. Basic earnings per share were LKR 11.10 against LKR 9.95 for the same period of last year. Net cash generated from operating activities was LKR 1,051,118,000 compared to LKR 1,605,948,000 a year ago. Purchase of property, plant & equipment was LKR 166,237,000 compared to LKR 34,956,000 a year ago. Net earnings for year to date June 2013 recorded an increase of 11% compared to 2012 largely helped by the increased interest income and 11% reduction in cost of goods sold due to stable raw material prices in the global market.
Chevron Lubricants Lanka PLC Announces Second Interim Dividend, Payable on Aug. 2, 2013
Jul 12 13
Chevron Lubricants Lanka PLC announced second interim dividend of LKR 3.00 per share for the financial year 2013. The dividend is payable on Aug. 2, 2013 with a ex-date of July 24, 2013.