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)….

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