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Takeshi Ryu495
2023-03-01
yu
Singapore Stocks to Watch: IHH Healthcare, Jardine C&C, First Resources, Yangzijiang Financial
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This was despite a 9 per cent higher revenue of RM4.9 million. A first and final dividend of RM0.07 per share was declared, which was 17 per cent higher than the year-ago period, and will be payable to shareholders on Apr 28. IHH shares closed at S$1.75, down 0.6 per cent or S$0.01 on Tuesday before the news.</p><p><b>JARDINE Cycle and Carriage (Jardine C&C) :</b> on Tuesday (Feb 28) announced a net profit of US$252.3 million for the second half of 2022 ended December, down 42 per cent from earnings of US$434.3 million in the same period in 2021.</p><p>Revenue for the second half of the year was up 18 per cent to US$11.1 billion, due primarily to higher sales in Astra’s automotive segment, financial services, heavy equipment and mining operations and higher sales in direct motor interests.</p><p>The board of directors has recommended a final dividend of US$0.83 per share, up from US$0.62 per share in 2021.</p><p>Palm oil producer <b>First Resources</b>’ net profit rose 53.4 per cent to US$197.2 million for the second half year ended Dec 31, 2022, up from US$128.6 million in the same period in 2021, the group said on Wednesday (Mar 1).</p><p>Net profit for the full year more than doubled, reaching US$325.2 million in FY2022 from US$161.1 million in FY2021.</p><p>Revenue was also 11.4 per cent higher, at US$334.3 million in H2 2022, from US$619.4 million previously. This brings its full year revenue to US$1.2 billion, which is 18.7 per cent higher than the US$1 billion reported in FY2021.</p><p><b>Yangzijiang Financial Holding</b> reported net profit of S$25.6 million for the second half of its financial year, down 80 per cent from S$130.7 million in H2 FY2021.</p><p>The recently spun-off financial unit of Yangzijiang Shipbuilding on Wednesday (Mar 1) posted a loss after allowances of S$17.1 million, as opposed to profit after allowances of S$111.9 million in H2 FY2021. This came as a S$135.9 million allowance for credit losses was recorded during the period under review, due to additional allowances made for non-performing debt investments and microfinance loans.</p><p>Total income for the half year declined 9 per cent year on year to S$132.4 million from S$145.7 million, mainly due to lower interest income and dividend income.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: IHH Healthcare, Jardine C&C, First Resources, Yangzijiang Financial</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: IHH Healthcare, Jardine C&C, First Resources, Yangzijiang Financial\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-01 08:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 1):</p><p><b>IHH Healthcare</b>: The Malaysian hospital group on Tuesday announced a58 per cent fall in net profit for the fourth quarterended Dec 31, 2022 to RM191.3 million (S$57.9 million) from RM453.6 million the previous year. This was despite a 9 per cent higher revenue of RM4.9 million. A first and final dividend of RM0.07 per share was declared, which was 17 per cent higher than the year-ago period, and will be payable to shareholders on Apr 28. IHH shares closed at S$1.75, down 0.6 per cent or S$0.01 on Tuesday before the news.</p><p><b>JARDINE Cycle and Carriage (Jardine C&C) :</b> on Tuesday (Feb 28) announced a net profit of US$252.3 million for the second half of 2022 ended December, down 42 per cent from earnings of US$434.3 million in the same period in 2021.</p><p>Revenue for the second half of the year was up 18 per cent to US$11.1 billion, due primarily to higher sales in Astra’s automotive segment, financial services, heavy equipment and mining operations and higher sales in direct motor interests.</p><p>The board of directors has recommended a final dividend of US$0.83 per share, up from US$0.62 per share in 2021.</p><p>Palm oil producer <b>First Resources</b>’ net profit rose 53.4 per cent to US$197.2 million for the second half year ended Dec 31, 2022, up from US$128.6 million in the same period in 2021, the group said on Wednesday (Mar 1).</p><p>Net profit for the full year more than doubled, reaching US$325.2 million in FY2022 from US$161.1 million in FY2021.</p><p>Revenue was also 11.4 per cent higher, at US$334.3 million in H2 2022, from US$619.4 million previously. This brings its full year revenue to US$1.2 billion, which is 18.7 per cent higher than the US$1 billion reported in FY2021.</p><p><b>Yangzijiang Financial Holding</b> reported net profit of S$25.6 million for the second half of its financial year, down 80 per cent from S$130.7 million in H2 FY2021.</p><p>The recently spun-off financial unit of Yangzijiang Shipbuilding on Wednesday (Mar 1) posted a loss after allowances of S$17.1 million, as opposed to profit after allowances of S$111.9 million in H2 FY2021. This came as a S$135.9 million allowance for credit losses was recorded during the period under review, due to additional allowances made for non-performing debt investments and microfinance loans.</p><p>Total income for the half year declined 9 per cent year on year to S$132.4 million from S$145.7 million, mainly due to lower interest income and dividend income.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YF8.SI":"YZJ Fin Hldg","C07.SI":"怡和合发","EB5.SI":"益资源","Q0F.SI":"IHH医疗保健集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120996445","content_text":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 1):IHH Healthcare: The Malaysian hospital group on Tuesday announced a58 per cent fall in net profit for the fourth quarterended Dec 31, 2022 to RM191.3 million (S$57.9 million) from RM453.6 million the previous year. This was despite a 9 per cent higher revenue of RM4.9 million. A first and final dividend of RM0.07 per share was declared, which was 17 per cent higher than the year-ago period, and will be payable to shareholders on Apr 28. IHH shares closed at S$1.75, down 0.6 per cent or S$0.01 on Tuesday before the news.JARDINE Cycle and Carriage (Jardine C&C) : on Tuesday (Feb 28) announced a net profit of US$252.3 million for the second half of 2022 ended December, down 42 per cent from earnings of US$434.3 million in the same period in 2021.Revenue for the second half of the year was up 18 per cent to US$11.1 billion, due primarily to higher sales in Astra’s automotive segment, financial services, heavy equipment and mining operations and higher sales in direct motor interests.The board of directors has recommended a final dividend of US$0.83 per share, up from US$0.62 per share in 2021.Palm oil producer First Resources’ net profit rose 53.4 per cent to US$197.2 million for the second half year ended Dec 31, 2022, up from US$128.6 million in the same period in 2021, the group said on Wednesday (Mar 1).Net profit for the full year more than doubled, reaching US$325.2 million in FY2022 from US$161.1 million in FY2021.Revenue was also 11.4 per cent higher, at US$334.3 million in H2 2022, from US$619.4 million previously. This brings its full year revenue to US$1.2 billion, which is 18.7 per cent higher than the US$1 billion reported in FY2021.Yangzijiang Financial Holding reported net profit of S$25.6 million for the second half of its financial year, down 80 per cent from S$130.7 million in H2 FY2021.The recently spun-off financial unit of Yangzijiang Shipbuilding on Wednesday (Mar 1) posted a loss after allowances of S$17.1 million, as opposed to profit after allowances of S$111.9 million in H2 FY2021. This came as a S$135.9 million allowance for credit losses was recorded during the period under review, due to additional allowances made for non-performing debt investments and microfinance loans.Total income for the half year declined 9 per cent year on year to S$132.4 million from S$145.7 million, mainly due to lower interest income and dividend income.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9940990428,"gmtCreate":1677632600465,"gmtModify":1677633662474,"author":{"id":"4140730277372242","authorId":"4140730277372242","name":"Takeshi Ryu495","avatar":"https://community-static.tradeup.com/news/0288422b3dedac1e49c0d1ea1f7fd7bf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4140730277372242","idStr":"4140730277372242"},"themes":[],"htmlText":"yu","listText":"yu","text":"yu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9940990428","repostId":"1120996445","repostType":2,"repost":{"id":"1120996445","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1677631485,"share":"https://ttm.financial/m/news/1120996445?lang=&edition=fundamental","pubTime":"2023-03-01 08:44","market":"sg","language":"en","title":"Singapore Stocks to Watch: IHH Healthcare, Jardine C&C, First Resources, Yangzijiang Financial","url":"https://stock-news.laohu8.com/highlight/detail?id=1120996445","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Wednesda","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 1):</p><p><b>IHH Healthcare</b>: The Malaysian hospital group on Tuesday announced a58 per cent fall in net profit for the fourth quarterended Dec 31, 2022 to RM191.3 million (S$57.9 million) from RM453.6 million the previous year. This was despite a 9 per cent higher revenue of RM4.9 million. A first and final dividend of RM0.07 per share was declared, which was 17 per cent higher than the year-ago period, and will be payable to shareholders on Apr 28. IHH shares closed at S$1.75, down 0.6 per cent or S$0.01 on Tuesday before the news.</p><p><b>JARDINE Cycle and Carriage (Jardine C&C) :</b> on Tuesday (Feb 28) announced a net profit of US$252.3 million for the second half of 2022 ended December, down 42 per cent from earnings of US$434.3 million in the same period in 2021.</p><p>Revenue for the second half of the year was up 18 per cent to US$11.1 billion, due primarily to higher sales in Astra’s automotive segment, financial services, heavy equipment and mining operations and higher sales in direct motor interests.</p><p>The board of directors has recommended a final dividend of US$0.83 per share, up from US$0.62 per share in 2021.</p><p>Palm oil producer <b>First Resources</b>’ net profit rose 53.4 per cent to US$197.2 million for the second half year ended Dec 31, 2022, up from US$128.6 million in the same period in 2021, the group said on Wednesday (Mar 1).</p><p>Net profit for the full year more than doubled, reaching US$325.2 million in FY2022 from US$161.1 million in FY2021.</p><p>Revenue was also 11.4 per cent higher, at US$334.3 million in H2 2022, from US$619.4 million previously. This brings its full year revenue to US$1.2 billion, which is 18.7 per cent higher than the US$1 billion reported in FY2021.</p><p><b>Yangzijiang Financial Holding</b> reported net profit of S$25.6 million for the second half of its financial year, down 80 per cent from S$130.7 million in H2 FY2021.</p><p>The recently spun-off financial unit of Yangzijiang Shipbuilding on Wednesday (Mar 1) posted a loss after allowances of S$17.1 million, as opposed to profit after allowances of S$111.9 million in H2 FY2021. This came as a S$135.9 million allowance for credit losses was recorded during the period under review, due to additional allowances made for non-performing debt investments and microfinance loans.</p><p>Total income for the half year declined 9 per cent year on year to S$132.4 million from S$145.7 million, mainly due to lower interest income and dividend income.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: IHH Healthcare, Jardine C&C, First Resources, Yangzijiang Financial</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: IHH Healthcare, Jardine C&C, First Resources, Yangzijiang Financial\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-01 08:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 1):</p><p><b>IHH Healthcare</b>: The Malaysian hospital group on Tuesday announced a58 per cent fall in net profit for the fourth quarterended Dec 31, 2022 to RM191.3 million (S$57.9 million) from RM453.6 million the previous year. This was despite a 9 per cent higher revenue of RM4.9 million. A first and final dividend of RM0.07 per share was declared, which was 17 per cent higher than the year-ago period, and will be payable to shareholders on Apr 28. IHH shares closed at S$1.75, down 0.6 per cent or S$0.01 on Tuesday before the news.</p><p><b>JARDINE Cycle and Carriage (Jardine C&C) :</b> on Tuesday (Feb 28) announced a net profit of US$252.3 million for the second half of 2022 ended December, down 42 per cent from earnings of US$434.3 million in the same period in 2021.</p><p>Revenue for the second half of the year was up 18 per cent to US$11.1 billion, due primarily to higher sales in Astra’s automotive segment, financial services, heavy equipment and mining operations and higher sales in direct motor interests.</p><p>The board of directors has recommended a final dividend of US$0.83 per share, up from US$0.62 per share in 2021.</p><p>Palm oil producer <b>First Resources</b>’ net profit rose 53.4 per cent to US$197.2 million for the second half year ended Dec 31, 2022, up from US$128.6 million in the same period in 2021, the group said on Wednesday (Mar 1).</p><p>Net profit for the full year more than doubled, reaching US$325.2 million in FY2022 from US$161.1 million in FY2021.</p><p>Revenue was also 11.4 per cent higher, at US$334.3 million in H2 2022, from US$619.4 million previously. This brings its full year revenue to US$1.2 billion, which is 18.7 per cent higher than the US$1 billion reported in FY2021.</p><p><b>Yangzijiang Financial Holding</b> reported net profit of S$25.6 million for the second half of its financial year, down 80 per cent from S$130.7 million in H2 FY2021.</p><p>The recently spun-off financial unit of Yangzijiang Shipbuilding on Wednesday (Mar 1) posted a loss after allowances of S$17.1 million, as opposed to profit after allowances of S$111.9 million in H2 FY2021. This came as a S$135.9 million allowance for credit losses was recorded during the period under review, due to additional allowances made for non-performing debt investments and microfinance loans.</p><p>Total income for the half year declined 9 per cent year on year to S$132.4 million from S$145.7 million, mainly due to lower interest income and dividend income.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YF8.SI":"YZJ Fin Hldg","C07.SI":"怡和合发","EB5.SI":"益资源","Q0F.SI":"IHH医疗保健集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120996445","content_text":"THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 1):IHH Healthcare: The Malaysian hospital group on Tuesday announced a58 per cent fall in net profit for the fourth quarterended Dec 31, 2022 to RM191.3 million (S$57.9 million) from RM453.6 million the previous year. This was despite a 9 per cent higher revenue of RM4.9 million. A first and final dividend of RM0.07 per share was declared, which was 17 per cent higher than the year-ago period, and will be payable to shareholders on Apr 28. IHH shares closed at S$1.75, down 0.6 per cent or S$0.01 on Tuesday before the news.JARDINE Cycle and Carriage (Jardine C&C) : on Tuesday (Feb 28) announced a net profit of US$252.3 million for the second half of 2022 ended December, down 42 per cent from earnings of US$434.3 million in the same period in 2021.Revenue for the second half of the year was up 18 per cent to US$11.1 billion, due primarily to higher sales in Astra’s automotive segment, financial services, heavy equipment and mining operations and higher sales in direct motor interests.The board of directors has recommended a final dividend of US$0.83 per share, up from US$0.62 per share in 2021.Palm oil producer First Resources’ net profit rose 53.4 per cent to US$197.2 million for the second half year ended Dec 31, 2022, up from US$128.6 million in the same period in 2021, the group said on Wednesday (Mar 1).Net profit for the full year more than doubled, reaching US$325.2 million in FY2022 from US$161.1 million in FY2021.Revenue was also 11.4 per cent higher, at US$334.3 million in H2 2022, from US$619.4 million previously. This brings its full year revenue to US$1.2 billion, which is 18.7 per cent higher than the US$1 billion reported in FY2021.Yangzijiang Financial Holding reported net profit of S$25.6 million for the second half of its financial year, down 80 per cent from S$130.7 million in H2 FY2021.The recently spun-off financial unit of Yangzijiang Shipbuilding on Wednesday (Mar 1) posted a loss after allowances of S$17.1 million, as opposed to profit after allowances of S$111.9 million in H2 FY2021. This came as a S$135.9 million allowance for credit losses was recorded during the period under review, due to additional allowances made for non-performing debt investments and microfinance loans.Total income for the half year declined 9 per cent year on year to S$132.4 million from S$145.7 million, mainly due to lower interest income and dividend income.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}