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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


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,