In this series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6). Previously, we featured SATS Ltd (SGX: S58), a provider of food solutions and gateway services solutions.
What’s Yangzijiang’s Business About?Yangzijiang, founded in 1956, is one of the largest private shipbuilding companies in the world, with a top spot in China.
Yangzijiang has four shipyards in Jiangsu Province, China, and they are along the Yangtze River. Together, the yards produce a broad range of commercial vessels including large containerships, bulk carriers and liquefied natural gas (LNG) carriers, serving customers from Northern America, Europe and other parts of the world.
Yangzijiang’s Financial HighlightsYangzijiang’s revenue comes from two business segments, namely, shipbuilding and investments.
The shipbuilding-related business contributes to around 90% of Yangzijiang’s total
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