SUBSCRIBERS
CAO's Q4 net dives 25.7% to US$13.5m
Published Mon, Sep 15, 2014 · 04:09 AM
JET fuel trader China Aviation Oil (CAO) reported a 25.7 per cent year-on-year dive in net profit to US$13.5 million for the fourth quarter ended Dec 31, 2013, largely due to lower contributions from associates.
Revenue edged some 1.2 per cent lower to US$4.35 billion on the back of lower jet fuel prices in 4QFY13, the region's largest jet fuel trader said. Prices…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Inside TSMC chairman Mark Liu's short but impactful reign
CSE Global bags US$36.5 million data centre contract extension
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake