Yangzijiang Shipbuilding H2 2021 profit up 54% on strong deliveries

Singapore

MAINBOARD-LISTED Yangzijiang Shipbuilding's net profit rose 54 per cent to 2.06 billion yuan (S$441.4 million) for the 6 months ended Dec 31, 2021, up from the 1.34 billion yuan it posted during the same period a year earlier.

Revenue for the same period rose by 55 per cent to 10.17 billion yuan, up from 6.58 billion yuan the year before.