Yangzijiang Shipbuilding (Holdings)

Yangzijiang bags shipbuilding contracts for 15 more vessels with total value of US$1 bil - THE EDGE SINGAPORE

Contracts

Yangzijiang bags shipbuilding contracts for 15 more vessels with total value of US$1 bil

Yangzijiang Shipbuilding (Holdings) has secured shipbuilding contracts for a further 15 vessels for a total contract value of US$0.97 billion ($1.29 billion).

Contracts

Yangzijiang signs shipbuilding contracts for 31 vessels with total value of US$1.74 bil

Yangzijiang Shipbuilding Holdings says it has signed contracts for another 31 vessels with a total contract value of US$1.74 billion ($2.32 billion) on March 5.

Company in the news

Yangzijiang bags US$350 mil contracts to build containerships, deck carriers

Yangzijiang Shipbuilding (Holdings) has bagged contracts to build two 24,000TEU containerships and two 690FEU deck carriers.

Results

Yangzijiang 3Q earnings down 17% y-o-y to RMB585.2 mil

Yangzijiang Shipbuilding has reported earnings of RMB585.2 million for 3QFY20, down 17% y-o-y, as its bottom line was hit by forex losses and impairment.

Broker's Calls

O&M sector could take beyond two years to recover: UOBKH

SINGAPORE (June 29): The offshore and marine (O&M) sector, which has experienced a prolonged downturn since the 2014 crash in crude oil prices, is unlikely to see a recovery any time soon.

Investing ideas

Can Yangzijiang diversify itself out of a doldrum?

SINGAPORE (July 18): Yangzijiang Shipbuilding is diversify its business and venturing into new areas of expertise given an upturn in the offshore & marine industry is nowhere to be seen.

Results

Yangzijiang reports 23% rise in FY18 earnings to $727 mil on higher shipbuilding and trading revenue

SINGAPORE (March 1): Yangzijiang Shipbuilding, the China-based shipbuilder, reported FY18 earnings of RMB3.6 billion ($727 million), up 23% from a year ago.

Yangzijiang raising $209 mil in private placement exercise

SINGAPORE (Aug 31): Yangzijiang Shipbuilding (Holdings) is placing out 137 million new shares to institutional and other investors with the help of JP Morgan (SEA) at $1.53 each to raise net procee

×