Yangzijiang posts 1% fall in Q3 profit
Add BT as a preferred source
Angela Tan
Singapore
YANGZIJIANG Shipbuilding reported on Friday that its net profit for the third quarter ended Sept 30, 2014, slipped one per cent to 811.19 million yuan (S$172 million) due to lower gross profit, other income and other gains.
Earnings per share were 21.17 fen, compared to 21.42 fen. Revenue, however, rose 2 per cent to 3.74 billion yuan. Shipbuilding-related segment remained its core revenue driver, contributing about 88.4 per cent.
TRENDING NOW
Ng Khee Siong, managing director of Borneo Motors parent Inchcape Singapore, resigns
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
Malaysia data centre boom enters ‘reset mode’ as resource, funding realities bite: S&P
Kingsford Group inks deal to buy Tan Boon Liat Building at lower reserve price of S$950m
