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    Yangzijiang Shipbuilding posts 30% rise in 4Q net profit to $163m

    February 22, 2011
    SeaNews
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    Yangzijiang Shipbuilding posts 30% rise in 4Q net profit to $163m
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    Yangzijiang Shipbuilding says net profit attributable to shareholders rose 30% to RMB 838 million ($163 million) in 4Q2010 from RMB 645 million in 4Q2009. Revenue increased 19% to RMB 4.09 million from RMB 3.4 million. For FY2010, net profit attributable to shareholders increased 29% to RMB3 billion for FY2010 with the net profit margin increasing from 21.6% to 22.9%. Order book stood at 131 ...

    Yangzijiang Shipbuilding says net profit attributable to shareholders rose 30% to RMB 838 million ($163 million) in 4Q2010 from RMB 645 million in 4Q2009. Revenue increased 19% to RMB 4.09 million from RMB 3.4 million. For FY2010, net profit attributable to shareholders increased 29% to RMB3 billion for FY2010 with the net profit margin increasing from 21.6% to 22.9%. Order book stood at 131 ...

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