178 Followers SGX:G92 - China Aviation (SGD 1.09) CHINA AVIATION OIL(S) CORP LTD
Sector: Energy Minerals, Industry: Oil Refining/Marketing
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STI finishes at 4-year low on Thursday as Covid-19 driven global rout continues

12 Mar 2020 - The Business Times
SINGAPORE'S Straits Times Index (STI) continued to bleed on Thursday, finishing at a four-year low after the World Health Organization labelled Covid-19 a pandemic and the US temporarily halted travel from Europe - with the exception of the UK - for 30 days. The local benchmark's counters were flashing ...
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Stocks to watch: SIA, SATS, SIA Engineering, CAO, ComfortDelGro, Starhill, Aspial

10 Mar 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Tuesday: Singapore Airlines (SIA), SATS, SIA Engineering, China Aviation Oil (CAO), JEP Holdings and A-Sonic Aerospace: Singapore's aviation industry is bracing for the Covid-19 outbreak disruption to persist, with ...
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Oil-related stocks take big hits on Monday, STI down 6%

9 Mar 2020 - The Business Times
SINGAPORE equities faced strong sell-offs on Monday as fears continue to escalate over Covid-19 but the local market's oil-related stocks were the most affected after sharp falls in oil prices. With the Organization of the Petroleum Exporting Countries (Opec) and Russia failing to agree to an output ...
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Hot stocks: Oil-related shares take beating after Riyadh sparks price war

9 Mar 2020 - The Business Times
SINGAPORE-LISTED oil-related stocks are facing large sell-offs on Monday after Opec (Organization of the Petroleum Exporting Countries) and its allies failed to agree to an output cut amid the Covid-19 outbreak. The inability to reach an agreement with Russia has resulted in a price war, with top exporter ...
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China Aviation Oil Q1 profits up 13.88% to US$26.91m

10 May 2018 - Singapore Business Review
The earnings of its associate company SPIA jumped 46% to US$18.9m. China Aviation Oil's (CAO) profits in the first quarter of 2018 shot up by 13.88% from US$23.63m last year to US$26.91m. Revenue also grew 23.9% from US$3.31b to US$4.1b. UOB Kay Hian analyst Edison Chen noted that gross profit, however, ...

M&A likely for China Aviation Oil and Shanghai associate

21 Mar 2018 - Singapore Business Review
CAO’s equity stake in SPIA could be worth US$995m as compared to its current market cap of US$1.01b. RHB Research said it is confident of China Aviation Oil’s returns of earnings from its stake in Shanghai Pudong International Airport Aviation Fuel Supply Company (SPIA), which is almost equal to the ...

China Aviation Oil COO quits to pursue other opportunities

30 Nov 2017 - Business Times Breaking News
CHINA Aviation Oil (Singapore) Corp chief operating officer Jean Teo Lang Lang has quit to pursue other career opportunities, the jet fuel trading company announced on Thursday before the market opened.Her departure will be effective Jan 22, 2018.In her place, chief executive Meng Fanqiu will assume ...

China Aviation Oil profits down 7.7% to $28.82m in Q3

28 Nov 2017 - Singapore Business Review
Difficult trading conditions dragged earnings down. China Aviation Oil's (CAO) profits went down 7.7% YoY to $28.82m (US$21.4m) in Q3, despite increases in revenue and volume. DBS Equity Research said there was a 26% jump in volumes and 33% increase in revenue to $7b (US$5.2b), but these were not enough ...

Stocks to watch: UOB, China Aviation Oil (S) Corp, Manulife US Reit, StarHub, Sembcorp Industries

3 Nov 2017 - Business Times Breaking News
STOCKS to look out for on Friday morning trading include UOB, China Aviation Oil (S) Corp, Manulife US Real Estate Investment Trust, StarHub and Sembcorp Industries.United Overseas Bank: UOB said on Friday net earnings for the third quarter rose 12 per cent over the same period a year ago to S$883 million, ...
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Brokers' take: RHB cuts CAO to 'neutral' after first profit decline in 10 quarters

3 Nov 2017 - Business Times Breaking News
RHB has downgraded China Aviation Oil (Singapore) Corp (CAO) to "neutral" with a S$1.80 target price following the jet fuel supplier's first net profit decline in 10 quarters.CAO reported on Thursday an 8 per cent decrease in its third-quarter net profit, to US$21.4 million from a year-ago US$23.2 million ...