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. 

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 expects favourable rulings in arbitration against subsidiaries

The claims will not adversely affect the group's financial position for 2024.

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