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Yangzijiang Shipbuilding Holdings Ltd (YAZG.SI)

YAZG.SI on Stock Exchange of Singapore

1.15SGD
28 Apr 2017
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$-0.01 (-0.86%)
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Latest Key Developments (Source: Significant Developments)

Yangzijiang Shipbuilding Holdings says Q1 net profit attributable RMB 667.7 million
Thursday, 27 Apr 2017 10:09am EDT 

April 27 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::Q1 revenue RMB 4.68 billion versus RMB 2.71 billion.Q1 net profit attributable RMB 667.7 million versus RMB 448 million.Outstanding order book stood at USD4.03 billion as at 31 March 2017.  Full Article

Yangzijiang Shipbuilding announces additional information in response to queries raised by SGX
Friday, 7 Apr 2017 05:29am EDT 

Yangzijiang Shipbuilding Holdings Ltd : As at 31 December 2016, group has ceased operation in two of its shipyards .Management has performed an assessment of recoverable amount of ppe located at these two shipyards.  Full Article

Yangzijiang Shipbuilding secures new shipbuilding contracts
Sunday, 2 Apr 2017 09:39pm EDT 

Yangzijiang Shipbuilding (Holdings) Ltd. : Yangzijiang Secures New Shipbuilding Contracts Totalling USD318 Million In 1Q2017 .Contracts are scheduled for deliveries from 2018 to 2020.  Full Article

Yangzijiang Shipbuilding secures new shipbuilding contracts
Sunday, 2 Apr 2017 07:49pm EDT 

Yangzijiang Shipbuilding (Holdings) Ltd. : Yangzijiang Secures New Shipbuilding Contracts Totalling USD318 Million In 1Q2017 .Contracts are scheduled for deliveries from 2018 to 2020.  Full Article

Yangzijiang Shipbuilding says unit subscribed for shares
Friday, 24 Mar 2017 05:49am EDT 

Yangzijiang Shipbuilding Holdings Ltd : Unit had subscribed for 30 pct equity interests in share capital of Jiangsu Nantong Yanhai Emerging Industrial Investment Fund .Subscription will not have any significant impact on EPS and net tangible assets per share of YZJ Group.  Full Article

Yangzijiang Shipbuilding reports qtrly net profit attributable RMB607.8 mln
Tuesday, 28 Feb 2017 12:24pm EST 

Yangzijiang Shipbuilding Holdings Ltd : Qtrly net profit attributable RMB 607.8 million versus RMB41.5 million; qtrly revenue RMB 5.51 billion versus RMB 3.13 billion . Group declared final dividend of 4 singapore cents, representing a dividend payout of 43% . Order growth is likely to recover in 2017 (on a low base of comparison) but orders to stay weak through 1H17 ."ship prices are projected to pick up in 2H17".  Full Article

Yangzijiang Shipbuilding unit subscribes for equity interests in Wuxi Jinrui Zhonghe Investment
Tuesday, 24 Jan 2017 04:27am EST 

Yangzijiang Shipbuilding Holdings Ltd : Unit had subscribed for 32.8 pct equity interests in share capital of Wuxi Jinrui Zhonghe Investment Enterprise . Deal for RMB196.8 million .Subscription will not have any significant impact on EPS and net tangible assets per share of YZJ Group for current fy ending 31 Dec 2017.  Full Article

Yangzijiang Shipbuilding Holdings disposes 20 pct equity interest
Monday, 5 Sep 2016 08:02pm EDT 

Yangzijiang Shipbuilding Holdings Ltd : Disposal of entire 20% equity interest in the registered capital of Jiangsu Hailan Marine Systems Technology Co., Ltd . The total consideration for the disposal is RMB29.5 million . Disposal will not have any significant impact on the earnings per share and net tangible assets per share .  Full Article

Yangzijiang Shipbuilding says PPL holdings and E-Interface Holdings entered into sale and purchase agreement
Tuesday, 23 Aug 2016 07:44am EDT 

Yangzijiang Shipbuilding Holdings Ltd : Disposal of interest in PPL Shipyard Pte Ltd) . The aggregate consideration for the disposal is US$115.1 million . Agreement to dispose of aggregate 15% equity interest in ppl shipyard owned by PPL holdings and E-Interface to Sembcorp Marine Ltd . PPL holdings pte ltd and E-Interface Holdings Limited entered into a sale and purchase agreement .  Full Article

Yangzijiang Shipbuilding posts 48 pct fall in second-quarter revenue
Thursday, 4 Aug 2016 08:50am EDT 

Yangzijiang Shipbuilding Holdings Ltd : Group reported revenue of RMB 3.0 bln for 2Q2016, 48% lower compared to 2Q2015 . Net profit attributable to shareholders RMB 415.4 million for three months ended 30 June 2016 . As at end of June, group had an outstanding order book of USD 4.7 billion . Continued to build up the order book, and remained profitable . Prime target now is to maintain the momentum for the order book growth . Will evaluate M&A opportunities that offer favourable return and accretive to core shipbuilding business for growth in long term .No dividend has been declared for the period under review.  Full Article

More From Around the Web

China's Yangzijiang Shipbuilding plans 10 percent more job cuts in 2017

SINGAPORE China's Yangzijiang Shipbuilding Holdings Ltd plans to cut another 10 percent of its workforce in 2017, its executive chairman said, as the company seeks to ride out a prolonged downturn in the industry.