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Yangzijiang's Q4 net profit falls 30% to 642.3m yuan

Singapore

A PLUNGE in other gains and a slight dip in revenue saw Yangzijiang Shipbuilding post a net profit of 642.3 million yuan (S$127.9 million) for its fourth quarter ended Dec 31.

This was 30 per cent lower than the 912.1 million yuan recorded a year earlier, according to...