Yangzijiang Shipbuilding - UOB Kay Hian 2024-11-11: Another Quarter Of Strong Order Wins

• Yangzijiang Shipbuilding’s strong 3Q24 business update was due to US$3.16b in new orders as well as shipbuilding margins remaining above 26% year-to-date. This continued spate of order wins has resulted in the company’s orderbook hitting a historical high of US$22.14b as at end- 3Q24.
• - Read this at SGinvestors.io -

More new orders in 3Q.

• Yangzijiang Shipbuilding (SGX:BS6) reported 9M24 new order wins of US$11.64b, implying that 3Q order wins were US$3.16b. These new orders comprised two LNG dual-fuel 9,000TEU containerships, 12 LNG dual-fuel 17,000TEU and two 100,000cbm Very Large Ethane Carriers.
• - Read this at SGinvestors.io -

Order win target for 2025 will be higher than for 2024.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-11-19 Yangzijiang Shipbuilding - Heading Into 2026 In A Position Of Strength.

Previous report by UOB:
2025-09-04 Yangzijiang Shipbuilding - Incrementally Bullish Orderbook Update.

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