Yangzijiang Shipbuilding Holdings

Red Sea attacks will keep demand for ships elevated

Share buybacks has reduced YFH's share base by 6.6%, helping to lift EPS further by 27.2% y-o-y

SINGAPORE (Sept 13): US President Donald Trump says he will delay increasing tariffs on US$250 billion ($344 billion) worth of Chinese goods from the initially intended date of Oct 1 to Oct 15, “as a gesture of goodwill”. Taking to Twitter on Sept 11,

SINGAPORE (Mar 16): Yangzijiang Shipbuilding knows it cannot just rely on building containerships and dry bulkers alone to sustain earnings, says OCBC.

SINGAPORE (Oct 27): Credit Suisse is maintaining its “overweight” recommendation of Singapore’s Offshore & Marine sector on improving outlook and following Keppel's 3Q earnings surprise.

(Aug 7): A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock in 2016 become its best this year.

SINGAPORE (June 27): About half of Singapore’s listed stocks have revenue exposure to China, Asia’s biggest economy.

SINGAPORE (March 7): Read the shipping and offshore oil industry news in Singapore and you'd be forgiven for imagining the country's stock market must also be in the doldrums.

SINGAPORE (Nov 9): Yangzijiang Shipbuilding Holdings posts earnings of RMB281.2 million ($57.7 million) for 3QFY16, a 59% decline from the earnings of RMB680.7 million in 3QFY15.

SINGAPORE (Aug 24): DBS Group Research is “positive” on both Sembcorp Marine and Yangzijiang Shipbuilding after the former’s US$115.1 million ($155.7 million) acquisition of the remaining 15% stake in PPL Shipyard from a company linked to Yangzijian