Long term investment
YZJ Shipbldg SGD Plummets 4.67% as Q1 Order Intake Disappoints Investors
Shares of YZJ Shipbldg SGD plunged 3.27% in Friday's trading session, as investors reacted to the company's disappointing first-quarter order intake report. The Chinese shipbuilder secured only six vessel orders worth US$300 million in Q1 2025, accounting for a mere 5% of its US$6 billion annual target.The weak performance stands in stark contrast to the same period last year when Yangzijiang won orders for 38 vessels valued at US$3.3 billion, representing 74% of its target. Executive Chairman
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post

No comments yet
