SGX:G92Oil and Gas
China Aviation Oil (Singapore) (SGX:G92) Stock Price Catches Margin Anxiety
China Aviation Oil (Singapore) closed at SGD1.57 on Friday, capping a three month slide that left the stock down roughly 23%. The market is clearly in a cautious mood. The H1 2026 earnings do not offer an obvious emotional release. Revenue sat at about US$7.8b while net income reached about US$41.1m, which translated into basic earnings per share of US$0.0478.
The real tension for investors is margin power. A global jet fuel middleman that earns only a thin profit on vast trading flows leaves...