December 15, 2017 3:27 AM ET

Chemicals

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

Phone:

94 11 452 4524

Fax:

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.

Similar Private Companies By Industry

Company Name Region
Almar Trading Co., (Pte) Ltd. Asia
Statcon Limited Asia
AgriSil Holdings Ltd. Asia
Asian Paints (Lanka) Limited Asia
Boehm & Leckner Multi Moulds (Pvt) Ltd. Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Chevron Lubricants Lanka PLC, please visit www.chevron.lk. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.