CGS-CIMB Research analyst Lim Siew Khee has estimated that mainboard-listed Yangzijiang could lift its order guidance to US$5.5 billion to US$6 billion ($7.39 billion to $8.06 billion) from US$5 billion for 2021 with a “strong outlook” into 2022.

Lim’s estimates come after the shipping group announced contract wins of US$715 million on June 23, bringing year-to-date (y-t-d) order wins to US$4.72 billion and its order book to US$7.3 billion.


See also: Yangzijiang wins another US$715 mil worth of new orders, adding on to its best year since 2008


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