The Business Times

china aviation oil

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

The three major Chinese carriers including China Eastern Air plan to grow their fleet in the next three years, increasing jet fuel demand for CAO.
Companies & Markets

Brokers’ take: Phillip Securities initiates ‘buy’ on CAO as international travel recovers

China Aviation Oil's net profit for the first half of its 2023 financial year dipped by 1.1 per cent to US$19.6 million.
Companies & Markets

China Aviation Oil H1 profit up 0.4% to US$19.74 million

Former oil tycoon Lim Oon Kuin, also known as O.K. Lim, arriving at the State Courts on Apr 24.
Companies & Markets

I was scared for myself and my children: OK Lim’s ex-personal assistant testifies

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