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China Aviation Oil's Q2 profit rises 32.8%

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Published Thu, Jul 28, 2016 · 09:50 PM

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    China Aviation Oil

    Singapore

    HIGHER trading gains, greater supply and trading volumes, as well as a jump in share of profits from associates and joint venture, helped China Aviation Oil's (CAO) second-quarter net profit soar 32.8 per cent to US$23.6 million.

    Earnings per share for the quarter came in at 2.74 US cents, compared with 2.07 US cents in Q2 2015.

    china aviation oilOil and gas

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