Singapore-listed China Aviation Oil Q3 profit up 31 pct

China Aviation Oil (Singapore)

02/11/2016 10:04

SINGAPORE, Nov 2 (Reuters) - China Aviation Oil (Singapore) 
Corp Ltd  CNAO.SI , a physical jet fuel trader, said its 
third-quarter net profit rose 31 percent, helped by higher total 
supply and trading volumes. 
    The company posted a net profit of $23.2 million for the 
three months ended in September, compared with $17.7 million a 
year ago. Revenue rose 64.2 percent. 
    Shares of the company closed 1.4 percent lower ahead of the 
results, while the broader market ended 0.2 percent down. 
 
 (Reporting by Aradhana Aravindan; Editing by Christian 
Schmollinger) 
 ((aradhana.aravindan@thomsonreuters.com; +65 6403 5659; Reuters 
Messaging: aradhana.aravindan.thomsonreuters.com@reuters.net)) 
 
Keywords: CHINA AVIATION OIL RESULTS/