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CAO chalks up strong profit for Q4FY15

Friday, February 26, 2016 - 05:50


THE region's biggest jet fuel trader, China Aviation Oil (CAO) Corp, reported a net profit of US$11.41 million for the fourth quarter ended Dec 31, 2015, more than doubling from US$4.43 million a year ago, on the back of higher gross profit and contributions from associates.

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