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China Aviation Oil's Net Profit Surges 117.8% YoY to $55.8m

China Aviation Oil's Net Profit Surges 117.8% YoY to $55.8m

中国航油(新加坡)股份的净利润同比增长117.8%至55.8百万美元
Singapore Business Review ·  08/15 22:47

Higher contributions from its associates drove the increase.

其合营企业的贡献推动了增长。

Mainboard-listed China Aviation Oil (CAO) saw its net profit rise by 117.8% YoY to $55.8m (US$42.2m) in H1 2024.

主板上市公司中国航油(新加坡)股份有限公司(H1 2024)的净利润同比增长117.8%,达到5580万美元(42.2百万美元)。

CAO attributed the growth to improved gross profit and higher contributions from its associates.

CAO将增长归功于改善的毛利润和其合营企业的更高贡献。

Total gross profit for the period was US$24.18m (S$31.9m), up 127.09% YoY, primarily driven by increased profit from the jet fuel supply business.

该期总毛利润为2418万美元(新加坡31.9百万美元),同比增长127.09%,主要受到喷气燃料供应业务利润的增加推动。

Revenue rose in tandem with net profit, increasing by 20% YoY to $9.9b (US$7.5b) from last year's $8.2b (US$6.2b), following a rise in oil prices.

营业收入与净利润同步增长,同比增长20%,从去年的8200万美元(62亿美元)增至9900万美元(75亿美元),伴随着石油价格上升。

With higher revenue and profit, earnings per share stood at $0.053 (US$0.04), up from the H1 2023 record of $0.26 (US$0.0229).

随着收入和利润的增加,每股收益为0.053美元(0.04美元),较2023年上半年的记录0.26美元(0.0229美元)有所提高。

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