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Fuchs Petrolub (OTCMKTS: ) just reported results for the fourth quarter of 2023. InvestorPlace Earnings is a project that leverages data from TradeSmith to…
Profit rose in the first quarter for German lubricant manufacturer Fuchs Petrolub AG compared to the same period of last year, the company reported on Tuesday. The company's bottom line totalled €77 million ($82.5 million), or €0.58 per share. This compares with €73 million, or €0.54 per share, in last year's first quarter. The company's revenue for the quarter fell 6.3% to €877 million from €936 million last year.
Sustainability was also emphasized in joint efforts for green development during collaboration meetings with the Ho Chi Minh City administration