SINGAPORE (April 27): Yangzijiang Shipbuilding saw a 49% rise in 1Q earnings to RMB 667.7 million yuan ($135.4 million).
Earnings per share rose to RMB 17.42 from RMB 11.69 cents a year ago.
Revenue for the three months ended March rose 73% to RMB 4.68 billion. Revenue from its core shipbuilding business increased by 43% to RMB 2.89 billion with 14 vessels being delivered during the quarter.
