Yangzijiang Shipbuilding Holdings

Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks - THE EDGE SINGAPORE

Results

Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks

Share buybacks has reduced YFH's share base by 6.6%, helping to lift EPS further by 27.2% y-o-y

Markets

Brief respite in US-China trade war; Fed rate cut not likely in upcoming FOMC meeting

SINGAPORE (Sept 13): US President Donald Trump says he will delay increasing tariffs on US$250 billion ($344 billion) worth of Chinese goods from the initially intended date of Oct 1 to Oct 15, “as a gesture of goodwill”. Taking to Twitter on Sept 11,

Broker's Calls

Yangzijiang learns to look beyond containerships and dry bulkers to sustain earnings in tough times

SINGAPORE (Mar 16): Yangzijiang Shipbuilding knows it cannot just rely on building containerships and dry bulkers alone to sustain earnings, says OCBC.

Broker's Calls

Keppel’s results and brightening outlook to support O&M share prices

SINGAPORE (Oct 27): Credit Suisse is maintaining its “overweight” recommendation of Singapore’s Offshore & Marine sector on improving outlook and following Keppel's 3Q earnings surprise.
From Bloomberg

From worst to best: Chinese shipbuilder Yangzijiang's fortunes turn around

(Aug 7): A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock in 2016 become its best this year.

Global Markets

Why Singapore could be the region’s most exposed country to impact of China’s A-share inclusion

SINGAPORE (June 27): About half of Singapore’s listed stocks have revenue exposure to China, Asia’s biggest economy.

Commentary

Singapore stocks are floating on foam: Bloomberg Gadfly

SINGAPORE (March 7): Read the shipping and offshore oil industry news in Singapore and you'd be forgiven for imagining the country's stock market must also be in the doldrums.

Results

Yangzijiang posts 59% fall in 3Q earnings to $58 mil

SINGAPORE (Nov 9): Yangzijiang Shipbuilding Holdings posts earnings of RMB281.2 million ($57.7 million) for 3QFY16, a 59% decline from the earnings of RMB680.7 million in 3QFY15.

Broker's Calls

Who are the winners in PPL deal?

SINGAPORE (Aug 24): DBS Group Research is “positive” on both Sembcorp Marine and Yangzijiang Shipbuilding after the former’s US$115.1 million ($155.7 million) acquisition of the remaining 15% stake in PPL Shipyard from a company linked to Yangzijian
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