$YZJ Shipbldg SGD(BS6.SI)$ 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.
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.
Comments