Shanghai Pudong International Airport Aviation Fuel Supply Company (SPIA)

Broker's Calls

SPIA still the gem for China Aviation Oil amid associate portfolio streamlining

SINGAPORE (June 20): CGS-CIMB Research is keeping its “add” call on China Aviation Oil (CAO) with an unchanged target price of $2.03, after the jet fuel trader signal its intention to streamline its associate portfolio.

Broker's Calls

China Aviation Oil hitting all the high notes

SINGAPORE (April 20): CIMB Research is maintaining its “add” call on China Aviation Oil with $2.28 target price given its jet fuel supply monopoly, expanding international footprint and strategic stake in exclusive fuel supplier for Shanghai Pudong Ai
Credit: China Aviation Oil


China Aviation Oil posts 4.7% rise in 1Q earnings to $35.4 mil

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

Broker's Calls

Three things CIMB likes about China Aviation Oil

SINGAPORE (March 24): CIMB likes China Aviation Oil for its foothold in two of the world’s largest aviation markets, increasing contributions from associates and potential for M&As.