Yangzijiang Shipbuilding BS6 has reported an all-time high total order book value of US$14.82 billion ($20.22 billion) in 9MFY2023 ended September with strong earnings visibility up until mid-2027, according to its business update.
The company had also exceeded its FY2023 order win target by 218%, having secured additional US$770 million in 3QFY2023.
Yangzijiang Shipbuilding believes it is on track to achieve the delivery target of 57 vessels this year, with 42 vessels delivered YTD.
Shares in Yangzijiang Shipbuilding closed 5 cents higher or 3.47% up on Nov 2 at $1.49.
