August Challenge #2
YZJ has performed super well for H1! 👏🏻🍻
As quoted from moomoo news:
“Yangzijiang Shipbuilding has seen its first- profits soar by 77% to reach 3.1 billion yuan, bolstered by robust sales and a significant increase in production revenue. The company's revenue rose by 15.3%, primarily driven by its core shipbuilding business, which contributed 95% of the total revenue. This impressive financial performance is attributed to a record order book of 224 vessels valued at US$20.2 billion, ensuring earnings visibility until mid-2028. Despite this positive outcome, shares of Yangzijiang Shipbuilding continued to decline for the third consecutive day following a tepid trading debut. The executive chairman and CEO, Ren Letian, highlighted the company's focus on eco-friendly shipbuilding and plans for capacity expansion to meet the growing demand for clean-energy vessels.”
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JJ trader : Earn so much also don’t issue special dividend.