China Aviation Oil (Singapore) Corporation (CAO)

"We decisively reduced exposure to high-risk counterparties and stepped up risk management measures."

“We will continue to leverage on the group’s core competencies to expand our presence on the global platform [for jet fuel supply and trading],” says Wang Yanjun, the group’s CEO and executive director.

SINGAPORE (Aug 7): China Aviation Oil (Singapore) Corporation (CAO), the largest physical jet fuel trader in the Asia Pacific region, reported earnings of US$28.4 million ($39.2 million) for the 2Q19 ended June, some 2.9% lower than earnings of US$29.3 mi

SINGAPORE (Nov 1): China Aviation Oil (Singapore) Corporation, the largest physical jet fuel trader in the Asia Pacific region, announced an 8% decrease in 3Q earnings to US$18.93 million ($26.1 million), mainly due to lower contributions from associates.

SINGAPORE (May 9): China Aviation Oil, the physical jet fuel trader, reported earnings for the 1Q18 ended March increased 13.88% to US$26.91 million ($36.1 million) from a year ago, mainly contributed by a higher share of results from its associated compa

SINGAPORE (Feb 28): China Aviation Oil (Singapore) Corporation might have suffered a slight drop in earnings for FY2017 but the company remains upbeat that the main business of importing jet fuel into China will see sustained, steady growth.

SINGAPORE (May 17): China Aviation Oil (Singapore) Corporation will be included as a constituent stock in the Morgan Stanley Capital International (MSCI) Singapore Small Cap Index, effective after the close of market trading on May 31, 2017.

SINGAPORE (April 19): China Aviation Oil (Singapore) Corporation, the largest physical jet fuel trader in the Asia Pacific region, reported a 4.7% increase in 1Q earnings to US$25.3 million ($35.4 million) from a year ago, supported by an increase in gros