Yangzijiang Shipbuilding (Holdings) Ltd. announced unaudited group earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported net profit attributable to equity holders of the company of RMB 719,916,000 or 18.79 cents per diluted share on revenue of RMB 3,791,261,000 compared to net profit attributable to equity holders of the company of RMB 415,400,000 or 10.84 cents per diluted share on revenue of RMB 2,993,551,000 reported in the same period last year. Profit before income tax was RMB 902,236,000 against RMB 586,739,000 reported last year. Net cash provided by operating activities was RMB 345,902,000 against RMB 1,826,574,000 reported last year. Purchase of property, plant and equipment was RMB 3,961,000 against RMB 285,262,000 reported last year.

For the six months, the company reported net profit attributable to equity holders of the company of RMB 1,387,586,000 on revenue of RMB 8,472,819,000 compared to net profit attributable to equity holders of the company of RMB 863,377,000 on revenue of RMB 5,700,836,000 reported in the same period last year. Profit before income tax was RMB 1,769,564,000 against RMB 1,214,932,000 reported last year.

For the second quarter of 2017, the company reported impairment loss was RMB 7,734,000 against RMB 52,795,000 a year ago.