Jet fuel supplier China Aviation Oil (Singapore) Corporation Ltd (CAO) said its second quarter net profit rose 41.9% to S$11.3 million despite the massive impact of the US war in Iraq and the SARS epidemic on air travel in the Asia Pacific region. It attributed its strong performance to “contributions by strategic investments, as well…
SINGAPORE: China Aviation Oil reports 42% rise in 2nd quarter profit
Posted on September 3, 2003 by EnergyAsia