China Aviation Oil (Singapore) Could Post Modest Profit Growth This Year -- Market Talk

Dow Jones
03/24

0839 GMT - China Aviation Oil (Singapore) could post a modest net profit growth this year on higher costs and likely flat associate contributions, CGS International analysts write in a note. The brokerage forecasts the company's 2026 net profit to expand 4% to US$115 million. China Aviation Oil reported a 42% jump in 2025 net profit. The jet-fuel trader is likely to maintain an expansion in gross margin, though could be offset by rising procurement and freight costs. Associate contributions is expected to remain flat, as higher inventory capacity may be offset by weaker refueling volumes if oil prices remain high throughout the year. CGSI maintains an add rating on the stock, but raises the target price to S$2.68 from S$2.63. Shares are 3.7% lower at S$2.08. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

March 24, 2026 04:39 ET (08:39 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10