SINGAPORE (AFX-ASIA) – China Aviation Oil shares have risen after the company reported that its first quarter net profit rose sharply to S$18.132 million from S$9.597 million a year earlier on strong revenues, which rose to S$536.114 million from S$272.992 million, dealers said. (US$1=S$1.75). Gain were capped however, on concerns over earnings going forward. Early…

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