YZJ Shipbldg SGD Plummets 4.67% as Q1 Order Intake Disappoints Investors
Shares of YZJ Shipbldg SGD plunged 3.27% in Friday's trading session, as investors reacted to the company's disappointing first-quarter order intake report. The Chinese shipbuilder secured only six vessel orders worth US$300 million in Q1 2025, accounting for a mere 5% of its US$6 billion annual target.The weak performance stands in stark contrast to the same period last year when Yangzijiang won orders for 38 vessels valued at US$3.3 billion, representing 74% of its target. Executive Chairman
