SGX:BS6Machinery
Marine Recovery And Margin Expansion Might Change The Case For Investing In Yangzijiang Shipbuilding (Holdings) (SGX:BS6)
Yangzijiang Shipbuilding (Holdings) has been benefiting from a revival in the marine and offshore sector, underpinned by higher shipbuilding demand and offshore energy investments, and supported by a US$22.30 billion order book.
An interesting feature of this story is how Yangzijiang’s expanding operating margins and dividend record have reinforced investor attention on its capital returns profile.
With this backdrop of sector recovery and a sizeable order book, we will examine how these...