Floating Button
Home Capital Results

CAO holds 1HFY2023 earnings steady despite lower revenue

The Edge Singapore
The Edge Singapore • 1 min read
CAO holds 1HFY2023 earnings steady despite lower revenue
Photo: CAO
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

China Aviaton Oil (Singapore) has reported revenue for 1HFY2023 ended June was US$6.28 billion, down 32.4% y-o-y, due to lower oil prices and volume of fuel sold.

However, earnings for the same period was down just 1.07% y-o-y to US$19.4 million as the company booked other income.

During the half year, CAO, whose key business is the sale of jet fuel in Shanghai's airport, reported total supply and trading volume of 9.46 million tonnes, down 16.06%.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.