China Aviation Oil 1H 2022 oil trading volumes drop -36%, net profit drops -19%.
The profit drop main reason is China main cities Covid-19 lock down in Feb-Apr 2022. Now China has tuned Covid-19 control policy gentler. CAO performance has been bottomed out in 1H2022.
CAO remained resilient and profitable despite pandemic and global challenge. Soon or later China will like other countries which has open border further.
CAO management also was cautiously optimistic on its performance of FY2022.
If you missed out SQ $SINGAPORE AIRLINES LTD(C6L.SI)$ take off you still have chance on $CHINA AVIATION OIL(S) CORP LTD(G92.SI)$
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