China Aviation Oil (Singapore) Co Ltd 2019 AR2
The report highlights China Aviation Oil (Singapore) Corporation Ltd's performance in 2019, achieving a record net profit of US$99.83 million, a 6.36% increase from the previous year, despite a slight revenue decrease to US$20.34 billion. The company expanded its global jet fuel supply and trading network, increasing total supply and trading volume by 5.97% to 36.93 million tonnes. In sustainability, the company focused on its 'Strengthening Operations Management, Streamlining Business Costs, and Driving Growth' initiative, maintaining compliance with environmental laws with zero major oil spill incidents. Additionally, the company enhanced its risk management framework, winning the 'Best Risk Management' Gold Award at the Singapore Corporate Awards 2019.
Company: China Aviation Oil (Singapore) Co Ltd
Sector: Wholesale & retail
Country: Singapore
Year: 2019
Type: AR2
Pages: 204
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China Aviation Oil (Singapore) Co Ltd
Annual Report
The report highlights China Aviation Oil (Singapore) Corporation Ltd's performance in 2019, achieving a record net profit of US$99.83 million, a 6.36% increase from the previous year, despite a slight revenue decrease to US$20.34 billion. The company expanded its global jet fuel supply and trading network, increasing total supply and trading volume by 5.97% to 36.93 million tonnes. In sustainability, the company focused on its 'Strengthening Operations Management, Streamlining Business Costs, and Driving Growth' initiative, maintaining compliance with environmental laws with zero major oil spill incidents. Additionally, the company enhanced its risk management framework, winning the 'Best Risk Management' Gold Award at the Singapore Corporate Awards 2019.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English, Chinese
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities