During the year, total volume dropped 40.60% to 20.26 million metric tonnes for FY 2022, reflecting the easing of economic activities in China.
China Aviation Oil (Singapore) has reported lower earnings of US$33.2 million for FY2022, down 17.8% over the preceding year ended Dec 31 2021.
The company, known for supplying jet fuel from its base at Shanghai's main airport, reported lower revenue of US$16.5 billion for the year, down 6.65% over FY2021, on lower supply and trading volume.
