China Aviation Oil (Singapore) Corporation Ltd
1.20
SGD
-0.02
(-1.64%)
ISIN
SG1T06929205
Return %
Stock
S&P 500
1Y
-4.76
14.20
3Y
54.84
81.12
5Y
18.81
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Semi-annual Revenue
USD
•
in mil. unless spec.Semi-annual Earnings Per Share
USD
•
in mil. unless spec.Semi-annual Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Yi Lin
- Full Time Employees
- 150
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- No. 31-02 Suntec Tower Three Singapore CE Singapore 038988
- IPO Date
- Nov 26, 2001
- Website
- caosco.com
- Similar Companies
- Business
- China Aviation Oil (Singapore) Corporation Ltd is a leading physical supplier and trader of jet fuel and other petroleum products primarily to the civil aviation industry. The company manufactures, buys, sells, and supplies jet fuel, gas oil, fuel oil, crude oil, gasoline, and naphtha. It operates through three business segments: Middle Distillates, Other Oil Products, and Investments in Oil-Related Assets. CAO serves both domestic and foreign airlines, supplying jet fuel at major airports including 43 locations outside China, with significant presence in Asia-Pacific as well as growing operations in North America, particularly at Los Angeles International Airport and other West Coast cities. Established in 1993, the company is headquartered in Singapore and is a subsidiary of China National Aviation Fuel Group Limited. Recent major developments include a strong financial performance with first-half 2025 profits rising nearly 18% year-on-year to US$50 million, driven by increased refueling volumes and higher contributions from equity affiliates such as Shanghai Pudong International Airport Aviation Fuel Supply Co Ltd and Oilhub Korea Yeosu Co Ltd. The company continues to expand its jet fuel supply network and invest in the low-carbon aviation fuel sector, signaling a strategic focus on sustainability and innovation. CAO is also actively pursuing mergers, acquisitions, and strategic partnerships to strengthen its market presence and asset base, with ongoing efforts to penetrate new airport markets and broaden its geographical footprint. Notably, it remains the sole imported jet fuel supplier to China's civil aviation sector and continues to advance business innovation and risk management practices to navigate the dynamic global energy and aviation landscape. Overall, China Aviation Oil (Singapore) provides comprehensive jet fuel supply and trading services integrated with investments in strategic oil-related assets, targeting airlines, airports, and aviation fuel infrastructure across Asia, North America, and beyond. The company emphasizes both physical trading and marketing of petroleum products, reinforcing its position as Asia's largest jet fuel supplier with an increasing global reach. Its operational strategy includes diversification into sustainable aviation fuels and geographical expansion aligned with aggressive growth of Chinese carriers internationally, leveraging its strong backing from the China National Aviation Fuel Group and established market positions in key aviation hubs worldwide.