December 15, 2017 3:27 AM ET


Company Overview of Chevron Lubricants Lanka PLC

Company Overview

Chevron Lubricants Lanka PLC engages in blending, manufacturing, importing, distributing, and marketing lubricant oils, greases, brake fluids, and specialty products in Sri Lanka. The company offers passenger vehicle, four stroke motor cycle, two stroke and outboard, diesel vehicle, and marine engine oils; and general purpose automotive gear oils, automatic transmission oils, industrial lubricants, coolants, and other products under the Havoline, Delo, and Caltex brands. It also provides in-service oil monitoring, systematic failure analysis expertise, seminar, plant and lab visit, lubrication survey, drain interval optimization, product bulletin/guide/other publication, and endoscope inspec...

Chevron House

No. 490, Galle Road

Colombo,  03

Sri Lanka

Founded in 1992

79 Employees


94 11 452 4524


94 11 452 4506

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 Third Quarter and Nine Months Ended September 30, 2017

Chevron Lubricants Lanka PLC reported unaudited earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, revenue was LKR 2,846,718,000 against LKR 3,224,853,000 a year ago. Operating profit was LKR 879,128,000 against LKR 1,310,841,000 a year ago. Profit before income tax was LKR 892,943,000 against LKR 1,348,420,000 a year ago. Profit for the period was LKR 656,658,000 against LKR 1,000,650,000 a year ago. Basic earnings per share were LKR 2.74 against LKR 4.17 a year ago. For nine months, revenue was LKR 8,245,948,000 against LKR 9,143,601,000 a year ago. Operating profit was LKR 2,668,875,000 against LKR 3,634,650,000 a year ago. Profit before income tax was LKR 2,737,255,000 against LKR 3,783,181,000 a year ago. Profit for the period was LKR 2,004,292,000 against LKR 2,788,531,000 a year ago. Basic earnings per share were LKR 8.35 against LKR 11.62 a year ago. Net cash generated from operating activities was LKR 985,496,000 against LKR 2,135,989,000 a year ago. Purchase of property, plant & equipment was LKR 46,198,000 against LKR 45,172,000 a year ago.

Chevron Lubricants Lanka PLC Announces Board Changes

Chevron Lubricants Lanka PLC announced that Mr. Richard Brown has resigned from the Board of Chevron Lubricants Lanka PLC effective 17th October 2017. Mr. Teek Hong Kee has been appointed as a Non-Executive Director with effect from 17th October 2017. Teek Hong Kee is the Regional Finance Officer of Chevron Downstream & Chemical, responsible for the finance functions of its downstream businesses in Asia Pacific, Africa & Middle East areas. His previous assignments in Chevron include General Manager of Chevron Shared Services Center in Manila, Regional Comptroller for Asia Pacific, General Manager of Decision Support & Reporting for Asia Pacific, Africa & Middle East, Strategic Planning Manager for Singapore, Trading & Supply Finance Manager for Singapore, Project Manager for system design & implementation in South East Asia.

Chevron Lubricants Lanka PLC Announces Interim Dividend for the Financial Year 2017, Payable on Nov. 9, 2017

Chevron Lubricants Lanka PLC announced interim dividend of LKR 2.50 per share for the financial year 2017, payable on Nov. 9, 2017. Ex-dividend date is Oct. 30, 2017.

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