Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Yangzijiang Shipbuilding (Holdings) ( (SG:BS6) ).
Yangzijiang Shipbuilding (Holdings) Ltd has announced the acquisition of additional shipbuilding contracts for 22 vessels, valued at US$0.92 billion. These contracts, which include containerships, gas carriers, and bulk carriers, are scheduled for delivery between 2027 and 2029. This brings the total number of shipbuilding contracts secured by the Group in 2025 to 36, with an aggregate value of US$1.46 billion. The new contracts are not expected to significantly impact the company’s earnings for the financial year ending December 2025.
The most recent analyst rating on (SG:BS6) stock is a Buy with a S$3.36 price target. To see the full list of analyst forecasts on Yangzijiang Shipbuilding (Holdings) stock, see the SG:BS6 Stock Forecast page.
More about Yangzijiang Shipbuilding (Holdings)
Yangzijiang Shipbuilding (Holdings) Ltd is a company incorporated in Singapore, primarily engaged in the shipbuilding industry. The company focuses on constructing various types of vessels, including containerships, gas carriers, and bulk carriers.
Average Trading Volume: 21,141,068
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$11.54B
For a thorough assessment of BS6 stock, go to TipRanks’ Stock Analysis page.