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CAO's Q4 net dives 25.7% to US$13.5m

Monday, September 15, 2014 - 12:09

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

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