China Aviation Oil Q1 profit down 27%
It sees trading environment remaining challenging this year amid uncertainties in oil supply and demand
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…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BHP targets Anglo American in bid valuing miner at US$39 billion
FTSE 100 hits record high on big mining M&A, earnings push
Hermes Q1 sales jump 17% on strong China demand
AstraZeneca leaps after smashing Q1 forecasts
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover