SGX:BS6Machinery
Yangzijiang Shipbuilding (SGX:BS6) Is Up 5.2% After Record Margins And New Orders Boost Visibility – Has The Bull Case Changed?
In recent months, Yangzijiang Shipbuilding (Holdings) reported a year-on-year net profit increase for the half-year to 30 June 2025 and a record shipbuilding gross margin of 35%, alongside securing 22 new shipbuilding contracts worth about US$0.92 billion for delivery between 2027 and 2029.
These results highlight not only current profitability but also enhance forward revenue visibility, as the additional contracts extend the company’s order book well into the next decade.
We will now...