Luberef, Americana report 2025 earnings

Luberef reports a net income of SAR 855 mn

Saudi Aramco Base Oil Company (Luberef) saw its net income fall 12% y-o-y to SAR 855.3 mn in 2025, it said in a Tadawul disclosure. The bottom line, though in line with expectations, was pressured by weaker base oil sales despite improved crack margins. Revenues fell 19.3% y-o-y to SAR 8.1 bn during the year, reflecting lower sales volumes of base oils and by-products following a scheduled turnaround at the Yanbu facility.

Dividends: The company’s board recommended a SAR 588.9 mn dividend payout at SAR 3.5 apiece for 2H 2025, Luberef said in a separate disclosure. The distribution date is yet to be announced.

Americana reels in bottom line of USD 219 mn

ADX- and Tadawul-listed F&B giant Americana Restaurants reported a net income of USD 219.1 mn in FY 2025, up 38% y-o-y, with revenues growing 14.2% y-o-y to USD 2.5 bn, according to an earnings release (pdf). Management attributed this growth to like-for-like sales climbing 9.7%, fueled by a combination of menu innovation, brand partnerships, and high operational performance across major markets.

A busy year: The company opened up 216 new stores last year to bring the total number of restaurants under its umbrella to 2.7k across 12 markets.

Al Yamamah reports SAR 37.6 mn in net income in 4Q 2025

Al Yamamah Steel Industries posted a 719% y-o-y increase in net income to SAR 37.6 mn in 4Q 2025, according to a disclosure to Tadawul. Management attributed the increase to a 34.3% jump in electricity sales and a 77.9% increase in renewables sales during the three-month period. Meanwhile, revenue rose 2.8% y-o-y to SAR 498.2 mn, primarily fueled by the renewable energy sector — where volume jumped 77.9% and value increased 85.6%.

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