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China Aviation Oil Q1 profit down 27%

It sees trading environment remaining challenging this year amid uncertainties in oil supply and demand

Published Thu, Apr 23, 2015 · 09:50 PM

Singapore

BATTERED by lower oil prices and thinner trading volumes, China Aviation Oil (Singapore) Corporation's first quarter 2015 net profit fell 27 per cent to US$14.36 million, compared to US$19.67 million in the year- ago period.

For the three months ended March 31, 2015, revenues for Asia-Pacific's largest jet fuel trader nearly halved to US…

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Companies & Markets

Companies & Markets

China Aviation Oil Q1 profit down 27%

Companies & Markets

US: Wall St opens higher as more earnings roll in

GE Aerospace raises earnings goal on strong engine sales

BRC Asia to buy 19.9% of steel reinforcement company for S$16 million

Lockheed Martin reports higher sales on strong defence demand

UOI reports 67% surge in Q1 profit before tax to S$8 million, driven by favourable market conditions

Euro at highest to yen since 2008, markets nervy over Tokyo stepping in

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