(EnergyAsia, November 16, Friday) — Singapore-listed China Aviation Oil (CAO) said its third quarter net profit jumped 39% year-on-year to US$10.5 million due largely to a drop in financing costs and a rise in bank deposits. Revenue, however, fell 19% to US$747.4 million, weighed down by a drop in jet fuel deliveries for the…
SINGAPORE: Jet fuel supplier China Aviation reports 39% rise in third quarter net profit
Posted on November 15, 2007 by EnergyAsia