profit for 2007 fell by about 7% to US$33.5 million from 2006’s US$36.2 million after deducting exceptional gains for both years. When exceptional gains were taken into consideration, CAO’s net profits fell from US$228.2 million in 2006 to US$168.3 million. Last year’s profit included a net divestment gain of US$134.8 million from the sale…
SINGAPORE: CAO’s 2007 net profit down 7% to US$33.5 million before exceptional gains
Posted on March 2, 2008 by EnergyAsia