- Yangzijiang Shipbuilding (SGX:BS6) said it does not need to expand capacity to execute its current order book of US$10.33bn. Yangzijiang Shipbuilding currently has two 175,000 CBM LNG carriers on order at Xinfu yard for delivery in 2025-26. However, if there is a build-up of LNG carrier orders of 10 units or more, management could consider capacity expansion into an adjacent land at its Xinfu yard, which could cost ~Rmb2.5bn (to be constructed over two years).
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- What other catalysts to look out for?
- Read more at SGinvestors.io.
Yangzijiang Shipbuilding - More Clarity On Yard Expansion Plans During KL NDR
YANGZIJIANG SHIPBLDG HLDGS LTD (SGX:BS6)
Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.
LIM Siew Khee CGS-CIMB Research | Izabella TAN CGS-CIMB Research | https://www.cgs-cimb.com 2022-12-01
Read also CGS-CIMB's most recent report:
2023-11-03 Yangzijiang Shipbuilding - Pursuing High-value Oil Tanker Orders.
Previous report by CGS-CIMB:
2023-09-20 Yangzijiang Shipbuilding - Inverse Direction Between Ship Prices & Steel Prices Driving Margin Upcycle.
Price targets by other brokers at Yangzijiang Target Prices.
Listing of research reports at Yangzijiang Analyst Reports.
Relevant links:
Yangzijiang Share Price History,
Yangzijiang Announcements,
Yangzijiang Dividend Payout Dates & Corporate Actions,
Yangzijiang News
