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Yangzijiang Shipbuilding reports record earnings despite delivering fewer vessels

The Edge Singapore
The Edge Singapore • 2 min read
Yangzijiang Shipbuilding reports record earnings despite delivering fewer vessels
Conceptualised image of the 13,000TEU methanol dual-fuel containership/ Image: Yangzijiang Shipbuilding
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Yangzijiang Shipbuilding has reported earnings of RMB4.1 billion for FY2023, up 57% over the preceding FY2022.

Despite delivering fewer vessels, revenue in the same period was up 16.5% to RMB24.1 billion, as the company was contracted by customers to build larger and bigger ticket ships.

In FY2023, the company delivered 56 vessels, versus 67 completed in the preceding year.

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