Company Profile For China Aviation Oil (Singapore) Corporation Limited

China Aviation Oil (Singapore) Corporation Limited (CNAO.SI) (Stock Exchange of Singapore)

sector: Energy · industry: Oil & Gas Refining & Marketing ·

As of 6:28am GMT

1.06SGD

Price Change

-0.03

Percent Change

-2.75%

Analyst Recommendations

Overview

China Aviation Oil (Singapore) Corp. Ltd is engaged in jet fuel supply, trading of oil products and investments in oil-related assets. The Company also seeks investment opportunities in assets that are synergetic to its core businesses. During the fiscal year ended December 31, 2008, the Company completed the acquisition of 49% interest in China National Aviation Fuel TSN-PEK Pipeline Transportation Corporation Ltd.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, China Aviation Oil (Singapore) Corporation Ltd.'s revenues decreased 49% to $1.47B. Net income decreased 42% to $16M. Revenues reflect a decrease in income from sale of lower average jet fuel prices. Net income was partially offset by a decrease in cost of sales and significant decrease other operating expenses. China Aviation Oil (singapore) Corporation Ltd.'s is a Singapore based company.