profit of US$15.3 million for the third quarter for a 45% increase from the same period last year. Due to higher jet fuel procurement volume and gains from hedging activities and freight optimisation, CAO said its third quarter gross profit increased 81% to US$6.3 million. CAO said it procured and supplied 1.29 million metric…
SINGAPORE: China Aviation Oil reports 45% rise in 3Q net profit to US$15.3 million
Posted on November 23, 2008 by EnergyAsia