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YANGZIJIANG MARITIME DEVELOPMENT L

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Aerospace & Aviation

Yangzijiang Shipbuilding posts first-half net profit of 5.4 billion yuan, order book tops 150 billion yuan stretching to 2030

Yangzijiang Shipbuilding disclosed a first-half 2026 net profit of 5.4 billion yuan, up 28.4 percent year on year, on revenue of 17.5 billion yuan, up 36.2 percent. As of end-June, the company held an order book of 256 vessels worth about 22.4 billion US dollars, or over 150 billion yuan, with deliveries extending as far as 2030. During the reporting period, it delivered 27 ships, the shipbuilding gross margin rose to 37.1 percent, and shipping revenue grew 14.5 percent year on year. In the first half, domestic shipbuilders took 82.3 percent of global new orders, several leading yards reported sharply higher preliminary earnings, and industry prosperity continued to rise.
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