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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

中國航油(新加坡)股份的淨利潤同比增長117.8%至55.8百萬美元
Singapore Business Review ·  08/15 22:47

Higher contributions from its associates drove the increase.

其合營企業的貢獻推動了增長。

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

主板上市公司中國航油(新加坡)股份有限公司(H1 2024)的淨利潤同比增長117.8%,達到5580萬美元(42.2百萬美元)。

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

CAO將增長歸功於改善的毛利潤和其合營企業的更高貢獻。

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.

該期總毛利潤爲2418萬美元(新加坡31.9百萬美元),同比增長127.09%,主要受到噴氣燃料供應業務利潤的增加推動。

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.

營業收入與淨利潤同步增長,同比增長20%,從去年的8200萬美元(62億美元)增至9900萬美元(75億美元),伴隨着石油價格上升。

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).

隨着收入和利潤的增加,每股收益爲0.053美元(0.04美元),較2023年上半年的記錄0.26美元(0.0229美元)有所提高。

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