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China Aviation Oil (Singapore) Full Year 2024 Earnings: Beats Expectations

In This Article:

China Aviation Oil (Singapore) (SGX:G92) Full Year 2024 Results

Key Financial Results

  • Revenue: US$15.5b (up 7.5% from FY 2023).

  • Net income: US$78.4m (up 33% from FY 2023).

  • Profit margin: 0.5% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue.

  • EPS: US$0.091 (up from US$0.068 in FY 2023).

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SGX:G92 Earnings and Revenue Growth February 28th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

China Aviation Oil (Singapore) Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 1.7% decline forecast for the Oil and Gas industry in Asia.

Performance of the market in Singapore.

The company's shares are down 8.5% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for China Aviation Oil (Singapore) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.