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CAO
Results
CAO reports higher FY2023 earnings with Shanghai leading gains; declares special dividend
Revenue dipped but earnings increased, thanks to better margins
February 29, 2024
Investing ideas
Cashed-up CAO a direct exposure to China’s aviation market
Cash balance as of the end of 2022 was equivalent to two-thirds of CAO’s market cap.
November 02, 2023
Broker's Calls
PhillipCapital starts coverage of China Aviation Oil with a 'buy' and $1.01 target price
As at end of 2022, CAO held net cash of around US$308 million, which is equivalent to nearly two-thirds of its current market cap
October 30, 2023
Results
CAO holds 1HFY2023 earnings steady despite lower revenue
CAO shares closed at 95 cents on Aug 8, up 2.72%.
August 08, 2023
Broker's Calls
KGI reiterates 'buy' call on China Aviation Oil
KGI sees "promising recovery" in aircraft movement at Shanghai Pudong International Airport
July 19, 2023
Results
CAO reports lower earnings for FY2022 but sees recovery ahead
CAO plans to pay a final dividend of 1.6 cents.
February 28, 2023
Results
CAO reports lower earnings despite higher turnover
CAO maintains a “cautiously optimistic outlook” for the current FY2022.
February 25, 2022
Results
CAO’s earnings up 33% on higher trading volumes
SINGAPORE (July 28): China Aviation Oil posted a 32.8% growth in earnings to US$23.6 million ($32 million) for 2Q16, compared with the earnings of US$17.8 million in 2Q15.
July 28, 2016
Hot Stock
China Aviation Oil gets SGX query for unusual trading activity
SINGAPORE (May 18): Singapore Exchange is asking China Aviation Oil to disclose any information or explanation for the unusual trading movements of its shares.
May 18, 2016