Yangzijiang reports 3Q19 net profit fell 10 percent
Yangzijiang reported Wednesday its 3Q19 net profit fell 10% on-year to 702.26 million yuan on wider losses on associated companies and joint ventures.
Yangzijiang reported Wednesday its 3Q19 net profit fell 10% on-year to 702.26 million yuan on wider losses on associated companies and joint ventures.
Yangzijiang said Thursday it entered new order contracts from Navigation Maritime Bulgare to build six 31,800DWT Great Lakes bulk carriers.
These are Singapore companies which announced share buybacks on Thursday, 10 October 2019: Yangzijiang Shipbuilding, Food Empire, GRP Ltd. and Straco Corp.
These are Singapore companies which announced share buybacks on Wednesday, 2 October 2019: Yangzijiang, Stamford land, HRnetGroup and Singapore Shipping.
Singapore companies which announced share buybacks on Monday, 30 September 2019: Yangzijiang, Jardine Matheson, Stamford Land, Food Empire and Global Investments.
UOB KayHian upgraded Yangzijiang to Buy, saying recent corporate governance concerns are overblown and the shipbuilding outlook is positive.
Yangzijiang said Wednesday it landed orders for five vessels from Asian shipowners, with contracts for three 82,000 DWT and two 325,000 DWT bulk carriers.
These are Singapore companies which announced share buybacks on Wednesday, 4 September 2019: SPH, Yangzijiang, Stamford Land, China Sunsine and Rex.
These are Singapore companies which announced share buybacks on Tuesday, 3 September 2019: SPH, Yangzijiang, HRnetGroup, China Sunsine and CDW Holding.
Singapore companies which announced share buybacks on Monday, 2 September 2019: Yangzijiang, SPH, Stamford Land, Japfa and HRnetGroup.
Singapore companies which announced share buybacks on Friday, 30 August 2019: Yangzijiang, Stamford Land, CDW Holding, Singapore Shipping and Cheung Woh.
Singapore companies which announced share buybacks on Thursday, 29 August 2019: Yangzijiang, ST Engineering, Stamford Land, HRnetGroup and SIIC Environment.
Singapore companies which announced buybacks on Wednesday, 28 August 2019: Yangzijiang, ST Engineering, SIIC Environment, Stamford Land and HRnetGroup.
These are Singapore companies which announced share buybacks on Tuesday, 27 August 2019: Yangzijiang, ST Engineering, Raffles Medical and Stamford Land.
These are Singapore companies which announced share buybacks on Monday, 26 August 2019: DBS, Yangzijiang, SPH, Stamford Land and Maxi-Cash.
These are Singapore companies which announced share buybacks on Friday, 23 August 2019: ST Engineering, Yangzijiang, Maxi-Cash and Stamford Land.
Yangzijiang obtained new orders for two 325,000 DWT bulk carriers from a shipowner based in Asia, the Chinese shipbuilder said in a filing to SGX Friday.
These are Singapore companies which announced share buybacks on Thursday, 22 August 2019: Yangzijiang, ST Engineering, Maxi-Cash and Stamford Land.
Yangzijiang stepped into the market with another buyback, scooping up an additional 2M of its own shares, the Chinese shipbuilder said midday Thursday.
These are Singapore companies which announced share buybacks on Wednesday, 21 August 2019: Yangzijiang, Tuan Sing, Global Investments and Cheung Woh Tech.
Yangzijiang said Wednesday it bought back 2 million shares in the market, continuing the recent spate of buybacks in the wake of the stock’s plunge.
The knee-jerk selloff of around 20 percent in Yangzijiang Shipbuilding’s shares on 8 August appears overdone, DBS said in a note Thursday.
Singapore companies announcing share buybacks Friday, 16 August 2019; Yangzijiang, Stamford Land, Keppel, Boustead Singapore and Global Investments.
Yangzijiang said mid-day Friday it bought back another 2 million shares in the market. That followed the stock’s recent tumble.
These are Singapore companies which announced share buybacks on Thursday, 15 August 2019: Yangzijiang, ST Engineering Stamford Land and Keppel Corp.
Yangzijiang said Wednesday Executive Chairman Ren Yuanlin has taken a leave of absence while assisting in a confidential investigation by China authorities.
Yangzijiang Shipbuilding requested a trading halt on its shares Thursday, pending an announcement, after the stock tumbled as much as 28.5 percent intraday.
These are Singapore companies which may be in focus on Tuesday, 6 August 2019: Yangzijiang, NetLink NBN, APAC Realty and Cromwell European REIT.
Yangzijiang reported Monday its 2Q19 net profit fell 6 percent on-year to 936.43 million yuan, due to an “exceptionally strong” year-ago performance.
These are Singapore companies which may be in focus on Monday, 22 July 2019: Prime US REIT, CapitaLand, Yangzijiang, SATS and YuuZoo Networks.
Yangzijiang has completed the acquisition of Singapore-based Odfjell Terminals China Holding for US$46.23 million, the shipbuilder said Tuesday.
CGS-CIMB downgraded Yangzijiang to Hold from Add, despite a “good set” of 1Q19 results, as the brokerage pointed to expectations for weak order momentum.
Yangzijiang’s 1Q19 results beat expectations, but the outlook ahead may be challenging as new shipbuilding contracts trail expectations, Daiwa said Tuesday.
Yangzijiang reported Monday its 1Q19 net profit increased 38% on-year to 824.05 million yuan amid higher deliveries of vessels in the shipbuilding segment.
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
Yangzijiang said Friday Executive Chairman Ren Yuanlin has contributed 150 million of his shares to a new irrevocable trust to reward senior management.
Daiwa downgraded Yangzijiang to Hold despite 4Q18 earnings beating its forecast, amid lower-than-expected new order wins.
Yangzijiang reported Friday its fourth quarter net profit rose 47% on-year to CNY1.07B, despite lower revenue. The results beat some analysts’ forecasts.
These are Singapore companies which may be in focus on Friday, 1 March 2019: City Developments, Yangzijiang, Dairy Farm and Halcyon Agri.
Yangzijiang Shipbuilding said Thursday it entered a subscription agreement to acquire a 51 percent interest in Shanghai Econovo for 11.24 million yuan.