Singapore-listed China Aviation Oil (Singapore) Corporation Ltd (CAO) has announced a 29.2% year-on-year rise in net profit for the July-September quarter of 2003. It attributed the rise to “record jet-fuel procurement volumes and healthy profitability in international oil trading”. Net profit was S$10.4 million, compared with S$8 million in the same quarter last year. (US$1=S$1.73)….
SINGAPORE: China Aviation Oil reports 29.2% rise in third quarter profit to to S$10.4 million
Posted on November 19, 2003 by EnergyAsia