Some of the international airports in China that China Aviation Oil supplies to include Beijing Capital International Airport and Shanghai Pudong International Airport.
China Aviation Oil is under the corporate umbrella of China National Aviation Fuel Group Corporation, a Chinese state-owned enterprise.
23 Feb 2017
Jan 2017
45.1% increase in FY16 earnings to US$88.9 million ($125.7 million), backed by higher gross profit and increased contributions from the group's associated companies.FY16 revenue rose 30.2% to US$11.7 billion from a year ago, mainly attributable to the increase in supply and trading volumes.
Gross profit for FY16 was US$44.1 million, a 24.3% increase compared to US$35.4 million for FY15 on higher supply and trading volumes as well as higher gains from trading and optimisation activities.
The group's share of profits from its investments in oil-related assets also increased by 56.9% to US$66.4 million, boosted by higher share of profits from the group's key associate, Shanghai Pudong International Airport Aviation Fuel Supply Company.
The group has proposed a one-tier, tax-exempt, first and final dividend of 4.5 cents per share for FY16. This is higher than the FY15 dividend of 3 cents per share.
No comments:
Post a Comment