5 stories mentioning SGX:BS6Updated just now
Every FINWIRES story that references SGX:BS6, newest first.
Yangzijiang Shipbuilding's (SGX:BS6) attributable profit to equity holders jumped 28% during the first half of the year to 5.37 billion yuan from 4.18 billion yuan a year earlier, according to a Thursday filing with the Singapore Exchange.Earnings per share came in at 1.364 yuan compared with 1.0602 yuan in the year-ago period.Revenue rose 36% year over year to 17.5 billion yuan from 12.9 billion yuan.
Yangzijiang Shipbuilding (SGX:BS6) has an average rating of overweight and mean price target of SG$4.55, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Yangzijiang Shipbuilding (SGX:BS6) has an average rating of overweight and mean price target of SG$4.56, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
China-based Yangzijiang Shipbuilding (Holdings) (SGX:BS6) completed the acquisition of a 10% equity interest in Poseidon on Friday.Poseidon, which owns the container ship owner and operator Seaspan Corporation, is now an associated company of Yangzijiang following the transaction.The acquisition, the value of which was undisclosed, was paid for in cash and was funded by the group's internal resources, according to a filing with the Singapore Exchange on Saturday.The stake was acquired from affiliates of Canada's Fairfax Financial and the Washington Family for $825.7 million, according to an earlier filing.
Yangzijiang Shipbuilding (SGX:BS6) established a subsidiary in Jiangsu Province, China, named Jiangsu Yangzi Hongda Shipbuilding and Repair, according to a Wednesday filing with the Singapore Exchange.Shares of the shipbuilding and repair company were up over 1% in Thursday trading.The new subsidiary has a registered capital of $100 million and will undertake the development and operation of facilities for large vessel delivery, repair and conversion services.The capital contribution will be carried out through internal resources, the filing added.
