$YZJ Shipbldg SGD(BS6.SI)$ 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.
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- KienBoon·11-20 08:11TOPUSD $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.LikeReport