Stock Name: Yangzijiang
Company Name: YANGZIJIANG SHIPBLDG HLDGS LTD
Research House: UOB KayHian
Company Name: YANGZIJIANG SHIPBLDG HLDGS LTD
Research House: UOB KayHian
UOB KayHian in a Feb 23 research report says: "Yangzijiang Shipbuilding (Holdings)'s (YZJ) 2010 results beat expectations. Full-year revenue was Rmb12,922.8 million, +22% y-o-y, and net profit rose 29% y-o-y to Rmb2,952.3 million, 5% above ours and consensus estimate. YZJ proposed a final dividend of $0.045 per share, or a 30% payout ratio.
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