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Yangzijiang Shipbuilding Q1 bottom line falls 11% to 595m yuan


MAINBOARD-listed shipbuilder Yangzijiang (YZJ) Shipbuilding recorded a 10.9 per cent fall in net profit to 595.1 million yuan (S$124.9 million) for the first quarter.

This was mainly due to the appreciation of the Chinese renminbi against the US dollar and the increase in...

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