SUBSCRIBERS
China Aviation Oil Q1 profit up 68%
Published Thu, Apr 21, 2016 · 09:50 PM
Singapore
JET fuel supplier China Aviation Oil Singapore's (CAO) net profit rose 68.2 per cent in the first quarter as the group recorded higher trading gains.
CAO's net profit for the three months ended March 31 grew to US$24.1 million, up from US$14.4 million.
Revenue slid 29.6 per cent to US$1.46 billion, as the oil price fell. But cost of sales tumbled by an even higher 30 per c…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Frasers Centrepoint Trust posts 1.8% drop in H1 DPU to S$0.06022
TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel
US seeks 36 months’ jail for Binance founder Zhao
Keppel’s Q1 revenue down 6.3% to S$1.5 billion; net profit up with exclusion of legacy O&M assets
Cisco says hackers subverted its security devices to spy on governments
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife