Company Overview of Chevron Lubricants Lanka PLC
Chevron Lubricants Lanka PLC engages in blending, manufacturing, importing, distributing, and marketing lubricant oils, greases, break fluids, and specialty products in Sri Lanka. It offers passenger vehicle engine oils, motor cycles and outboard engine oils, general purpose automotive gear oils, automatic transmission oils, diesel vehicle engine oils, marine engine oils, industrial lubricants, coolants, and other products. The company also provides in-service oil monitoring, systematic failure analysis expertise, plant and lab visits, remote thermo meters, lubrication surveys, drain interval optimization, vehicle clinics, product bulletin/guide/other publications, technical data on fuel/fue...
490, Galle Road
Founded in 1992
Key Executives for Chevron Lubricants Lanka PLC
Chevron Lubricants Lanka PLC does not have any Key Executives recorded.
Chevron Lubricants Lanka PLC Key Developments
Chevron Lubricants Lanka PLC Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014
Apr 28 14
Chevron Lubricants Lanka PLC reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of LKR 2,988,825,000 against LKR 3,167,689,000 for the same period of last year. Operating profit was LKR 1,001,158,000 against LKR 988,411,000 for the same period of last year. Profit before tax was LKR 1,046,027,000 against LKR 1,053,492,000 for the same period of last year. Profit for the year was LKR 763,640,000 against LKR 769,857,000 for the same period of last year. Basic earnings per share were LKR 6.36 against LKR 6.42 for the same period of last year. Net cash used in operating activities was LKR 549,182,000 against net cash generated from operating activities of LKR 736,064,000 for the same period of last year. Purchase of property, plant & equipment was LKR 203,774,000 against LKR 119,528,000 for the same period of last year. The first quarter results have recorded a marginal decrease in earnings and a topline reduction of 6%. The marginal reduction in earnings is due to a variety of macro and micro challenges.
Chevron Lubricants Lanka PLC Announces First Interim Dividend, Payable on May 2, 2014
Apr 8 14
Chevron Lubricants Lanka PLC announced first interim dividend of LKR 4.00 per share for 2014, payable on May 2, 2014. The company announced ex-dividend date as April 22, 2014.
Chevron Lubricants Lanka PLC Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
Feb 21 14
Chevron Lubricants Lanka PLC announced earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported revenue of LKR 2,823,505,000 against LKR 2,861,785,000 a year ago. Operating profit was LKR 734,234,000 against LKR 661,285,000 a year ago. Profit before income tax was LKR 800,545,000 against LKR 738,170,000 a year ago. Profit for the period was LKR 590,124,000 against LKR 549,565,000 a year ago. Basic earnings per share were LKR 4.92 against LKR 4.58 a year ago.
For the year, the company reported revenue of LKR 11,202,053,000 against LKR 11,754,046,000 a year ago. Operating profit was LKR 3,174,670,000 against LKR 2,917,474,000 a year ago. Profit before income tax was LKR 3,453,597,000 against LKR 3,111,457,000 a year ago. Profit for the period was LKR 2,531,900,000 against LKR 2,265,827,000 a year ago. Basic earnings per share were LKR 21.10 against LKR 18.88 a year ago. Net cash generated from operating activities was LKR 2,479,925,000 against LKR 2,788,594,000 a year ago. Purchase of property, plant & equipment was LKR 1,128,106,000 against LKR 67,627,000 a year ago.
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