SEHK:317Machinery
Assessing CSSC Offshore & Marine Engineering (Group) (SEHK:317) Valuation After Evergreen Shipbuilding Agreement
CSSC Offshore & Marine Engineering (Group) (SEHK:317) moved into focus after its subsidiary agreed to build 16 feeder container vessels for Evergreen Marine (Asia) Pte. Ltd., with the contract expected to support cash flow.
See our latest analysis for CSSC Offshore & Marine Engineering (Group).
That Evergreen contract lands at a time when the shares are trading at HK$15.39, with recent momentum reflected in a 4.8% 7 day share price return and a 16.9% year to date share price return, while the...