China Aviation Oil
China Aviation Oil (Singapore) Corporation Ltd ("CAO") is the largest physical jet fuel buyer in the Asia Pacific region and the key supplier of imported jet fuel to China's civil aviation industry.
China Aviation Oil sees no impact from CNAF’s restructuring plan
China Aviation Oil sees no impact from CNAF’s restructuring plan
Move expected to leave China Aviation Oil’s operations unaffected.
China Aviation Oil’s net profit up 18.4% YoY in H1
This was driven by higher gross profit.
China Aviation Oil’s net profit surges 117.8% YoY to $55.8m
Higher contributions from its associates drove the increase.
China Aviation Oil's 2022 profit to increase 46%: RHB
A return to pre-pandemic levels, however, could take two to three years.
China Aviation Oil earnings to recover in 2022: RHB
This is due to slower improvement of domestic aviation traffic in China.
China Aviation Oil recovery pushed back to FY 2022: DBS
DBS Group Research cut the jet fuel trader’s profit projections by 26% for 2021.
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