The Business Times

china aviation oil

Companies & Markets
HOT STOCK

China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec

If the tie-up goes ahead, Sinopec is expected to absorb all of CNAF’s assets and operations.
International

Sinopec said to be in talks to merge with China’s aviation fuel giant

DBS says CAO's early strategic positioning in sustainable aviation fuel provides “compelling medium-term growth optionality”.
Companies & Markets
BROKERS’ TAKE

DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 12.9%

The company, which is a key supplier of imported jet fuel to China, sees its earnings per share jump 18.1% to US$0.0582 for H1 FY2025.
Companies & Markets

China Aviation Oil H1 profit rises 18% to US$50 million on higher gross profit and associates’ share of results

The jet fuel trader's revenue for the second half fell slightly by 2.1 per cent to US$8 billion from US$8.2 billion, on the back of a decline in oil prices.
Companies & Markets

China Aviation Oil H2 profit falls 8.1% to US$36 million

China Aviation Oil could use the cargoes for the refuelling of international flights, a source says.
Energy & Commodities

China Aviation Oil seeks November jet-fuel deliveries to China in a rare move: sources

CAO noted that its strong performance reflected the “continued robust recovery” in global air travel, citing a report that showed total air passenger traffic in 2024 had surpassed pre-pandemic levels.
Companies & Markets

China Aviation Oil H1 profit doubles to US$42.4 million on oil price, business volume increases

CAO's earnings per share stands at US$0.0455 for the half year, up from US$0.0161 the previous year.
Companies & Markets

China Aviation Oil H2 profit up 182% to US$39.1 million amid air travel recovery

COSCO SHIPPING has the best YTD total returns for 2024 among transportation stocks on the Singapore Exchange.
Companies & Markets

Transportation stocks on the move in 2024

The new appointment is in line with the company's aim of deepening the group's senior management leadership.
Companies & Markets

China Aviation Oil appoints new executive chairman

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