Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is a large enterprise group with shipbuilding and Marine engineering manufacturing as its main business, shipping leasing, trade logistics and real estate as its supplement.
See below for the latest Yangzijiang Shipbuilding news, analysis, profit results, share price information, and commentary.
Daily Markets Briefing: STI down 0.13%; Top stock is Jardine Matheson
Daily Markets Briefing: STI down 0.13%; Top stock is Jardine Matheson
Jardine Matheson is the top stock with a 2.34% increase.
1 day ago
Yangzijiang Shipbuilding H1 net profit jumps 28% to $1b
Gross margin widened to 36.2% as revenue grew 36.2% to $3.33b (RMB17.53b).
Yangzijiang Maritime bolsters fleet with 10 new vessels
Its orderbook spans tankers and bulk carriers with deliveries stretching to 2029.
Yangzijiang Maritime secures $114m vessel leasing deals across 13 ships
Agreements cover tankers and AHTS vessel with leases from 1 to 8 years.
Yangzijiang Maritime: No HK listing plans at present
The company stated it remains "firmly committed to its listing on the SGX."
Yangzijiang Shipbuilding bags 22 vessel orders worth $1.3b in Q1
The group’s outstanding order book stands at $29.3b (US$22.78b) for 256 vessels.
Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash
CEO Ren Letian is separately buying a 5% stake through his private investment vehicle.
Yangzijiang Shipbuilding bags eight contracts worth $567.6m
Meanwhile, deals for four oil tankers were terminated.
STI nets 23.5% returns, best in a decade
Yangzijiang Shipbuilding was the top-performing stock.
Yangzijiang Shipbuilding hits $19.22b net order book in YTD 2024
It comprises 119 contracts.
Yangzijiang Shipbuilding’s order wins hit $11.64b, surpassing FY24 goal
Its goal for FY24 is US$4.05b.
Yangzijiang Shipbuilding expects favourable rulings in arbitration against subsidiaries
The claims will not adversely affect the group's financial position for 2024.
Yangzijiang Shipbldg’s H1 net profit soars 77.2% to $571m
Gross profit rose 65.1% to $626m.
Yangzijiang Shipbuilding secures land in China for a clean energy base
The company intends to invest $555m for the new facility.
Stock market booked $1.17b net institutional outflow in H1
UOB, OCBC, Singtel and Yangzijiang Shipbuilding book the most inflows.
Yangzijiang Shipbuilding hits record US$16.8b in orders year-to-date
The year-to-date order book exceeds the US$14.5b total from the end of 2023.
Manufacturing-related stocks book $68m in net institutional inflows
Total returns, however, declined by 8.9% year-on-year
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