Yahoo Finance China Aviation Oil (Singapore) Full Year 2023 Earnings: EPS Beats Expectations
China Aviation Oil (Singapore) (SGX:G92) Full Year 2023 Results
Key Financial Results
Revenue: US$14.4b (down 12% from FY 2022).
Net income: US$58.9m (up 76% from FY 2022).
Profit margin: 0.4% (up from 0.2% in FY 2022). The increase in margin was driven by lower expenses.
EPS: US$0.068 (up from US$0.039 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Aviation Oil (Singapore) EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%.
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Oil and Gas industry in Asia.
Performance of the market in Singapore.
The company's shares are down 3.2% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on China Aviation Oil (Singapore)'s balance sheet health.
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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.
