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Yangzijiang bags $1 58 billion order for up to 17 ships
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Yangzijiang signs US$871 mil worth of new orders, marking record year in terms of orders
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Yangzijiang Shipbuilding bags first LPG carrier order
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Yangzijiang net profit sails by 89% with record high order book
The China-based shipbuilder recorded a net profit of RMB717.7m for the first quarter of 2021.
Shipbuilding giant Yangzijiang, which is lilsted on the SGX, reported an 89% increase in their net profit for the first quarter of 2021.
In a disclosure to the Singapore Exchange, the China-based firm said its net profit for the first quarter was at RMB717.7m
Despite lower revenues from shipbuilding activities for the quarter, the company has hit a 12-year high when it comes to outsanding order book. Standing at US$6.6b, Yangzijiang has an order log for 146 vessels.
Hot stock: Yangzijiang soars 6 7% on new orders worth US$1 3b
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