Manufacturing · Chemicals: Specialty
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 24.4B | Rs 4.0B | 16.86 |
| 2024 | Rs 23.0B | Rs 3.9B | 16.06 |
| 2023 | Rs 23.3B | Rs 3.6B | 15.01 |
| 2022 | Rs 24.6B | Rs 3.7B | 15.28 |
| 2021 | Rs 16.9B | Rs 3.9B | 16.36 |
| 2020 | Rs 11.6B | Rs 2.2B | 9.27 |
| 2019 | Rs 11.9B | Rs 2.1B | 8.75 |
Chevron Lubricants Lanka PLC manufactures, distributes and markets petroleum-based lubricants and allied products. The company serves consumer retail channels, original equipment manufacturers (OEMs) and commercial and industrial customers, and also supplies export markets in the region. Its activities include product sales through a network of distributors and retail partners in Sri Lanka, technical service support and lubricant performance programmes for institutional and industrial clients, and channel and brand-focused export operations in markets such as Bangladesh and the Maldives (via local distributors, including Astro Engineering Limited in Bangladesh). The company emphasises operational discipline, supply-chain efficiency and go-to-market initiatives across its businesses.
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Cabinet approved Rs. 827 million in lubricating oil contracts for the Sapugaskanda Power Plant, awarding Rs. 392.47m (316,000 litres) to Lanka IOC and Rs. 434.86m (304,000 litres) to Chevron Lubricants to cover 2026/27 operational requirements.
Dividend · Rs 7.00 · XD Mar 10, 2026
Third Interim dividend of LKR 7/share; XD 2026-03-10; record 2026-03-10; payable 2026-03-27; FY 2025
Chevron Lubricants Lanka PLC appointed Ching San Lim to its Board as a Non-Executive Director. Lim currently leads Global Finance for Chevron’s Base Oil and Finished Lubricants business and is based in Singapore.
Dividend · Rs 5.00 · XD Nov 11, 2025
Second Interim dividend of LKR 5/share; XD 2025-11-11; record 2025-11-11; payable 2025-11-28; FY ending 31st December 2025
Dividend · Rs 4.00 · XD Jun 9, 2025
First Interim dividend of LKR 4/share; XD 2025-06-09; record 2025-06-10; payable 2025-06-27; FY 31/12/2025
Lanka IOC PLC was awarded the Sapugaskanda power plant A Plant lubricant contract for 414,000 litres, and Chevron Lubricants Lanka PLC won the B Plant contract for 389,000 litres for March 2025–February 2026.
Sri Lanka's Cabinet approved lubricant supply contracts for the Sapugaskanda power plant: Lanka IOC to supply 414,000 litres to A Plant (SEMT Pielstick PC 4.2) and Chevron Lubricants Lanka to supply 389,000 litres to B Plant (MAN B&W 8L) for Mar 2025–Feb 2026.
Dividend · Rs 8.00 · XD Mar 7, 2025
Third Interim dividend of LKR 8/share; XD 2025-03-07; record 2025-03-09; payable 2025-03-27; FY ending 31st December 2024
US confirmation of a 10% Section 301 tariff preserved competitiveness for Sri Lankan manufacturers, especially apparel and rubber. Exporters sought clear, risk-based guidelines for the new forced labour import ban to avoid shipment delays. June PMI showed manufacturing expanding but slower at 53.0, led by food and beverages. FTZ manufacturers pressed for power wheeling and lower energy costs. Cabinet moved to license scrap metal exports and tighten import prepayments.
Auto-generated from 43 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.