$YZJ Shipbldg SGD(BS6.SI)$ has

$YZJ Shipbldg SGD(BS6.SI)$ has secured US$11.6 billion of order wins in the year to date.

This exceeds its target of US$4.5 billion for the 2024 financial year, it noted in a quarterly business update on Thursday (Nov 7).

The robust order wins were fuelled by strong demand for dual-fuel container ships, oil tankers and gas carriers, said the mainboard-listed company. The strong order book brings revenue visibility up to mid-2028, it added.

STI Hits ATH! Have You Profited From Cash Boost Account?

The Singapore stock market surged to a 17-year high on Tuesday, reaching 3,766 points. This milestone was primarily driven by a rebound in financial stocks, which hold significant weight in the index. ---------------- Which SG stock is your favorite? Have you tried contra account to trade SG stocks?

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Comments

KienBoon
11-20
KienBoon
USD $11.6bil orders is significant indeed. This shows that YZJ is really world class in terms of its ship construction/reinstatement, etc. businesses. Hope that it will continue to expand and grow further. Cheers YZJ.
- Kristina_:
  Cheers！

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