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China Aviation Oil posts 14% rise in Q1 profit

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Published Wed, May 9, 2018 · 09:50 PM

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China Aviation Oil (S)

Singapore

JET fuel trader China Aviation Oil (Singapore) Corporation (CAO) posted a 13.9 per cent increase in net profit to US$26.9 million from US$23.6 million in the year ago period, it said in a Singapore Exchange filing on Wednesday evening.

Earnings per share increased to 3.13 US cents from 2.75 US cents in the preceding year.

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