You are here

China Rongsheng reports negative sales in 2014

Singapore

CHINA Rongsheng Heavy Industries Group Holdings, once the country's largest private shipbuilder and now quickly running out of cash, reported negative revenue last year as it prepares to sell its shipbuilding business and buyers cancel orders.

Sales fell 3.8 billion yuan...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes