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Yangzijiang Q1 profit tumbles 51% following China lockdown

Published Thu, Apr 30, 2020 · 09:50 PM

Singapore

YANGZIJIANG Shipbuilding's net profit halved to 403.8 million yuan (S$80.8 million) for its first quarter ended March 31, 2020, from 824.1 million yuan a year ago.

The drop in net profit followed a slowdown in production during the quart…

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