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Volatile trading hits CAO's Q4 earnings

Friday, February 13, 2015 - 05:50

Singapore

CHINA Aviation Oil (CAO) took a hit from volatile oil trading conditions in the fourth quarter, with its earnings plummeting 67.2 per cent.

Net profit for the group fell to US$4.43 million for the three months ended Dec 31, from US$13.5 million a year ago. Revenue was

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