[New post] UOBKH: Yangzijiang Shipbuilding (Holdings) (YZJSGD SP)

alanyeo posted: " 1H21: Net Profit Better Than Expected With Margin Expansion To Come Although revenue fell 20% yoy, YZJ's net profit rose 40% yoy to Rmb1.6b as a result of completion of prior lower-margin orders, a write-back of impairments and higher other income. 1H" Respond to this post by replying above this line New post on Alpha Edge Investing UOBKH: Yangzijiang Shipbuilding (Holdings) (YZJSGD SP) by alanyeo 1H21: Net Profit Better Than Expected With Margin Expansion To Come Although revenue fell 20% yoy, YZJ's net profit rose 40% yoy to Rmb1.6b as a result of completion of prior lower-margin orders, a write-back of impairments and higher other income. 1H21 shipbuilding gross-profit margins were low at 14% but we expect margin expansion to […] Read more of this post alanyeo | August 10, 2021 at 2:44 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2Km Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/10/uobkh-yangzijiang-shipbuilding-holdings-yzjsgd-sp/ Thanks for flying with WordPress.com