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发表于 2008-9-16 16:58
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来自： 中国辽宁大连
Yantai Raffles in jobs hunt
By Russell Searancke
Chinese offshore builder Yantai Raffles Shipyard expects to chase major new contracts again now that price volatility is stabilising, said company chairman Brian Chang.
Chang said the company had since late 2007 held back from entering into large new contracts "due to volatile prices and scarce availability of materials and equipments".
That situation has since improved and Chang said: "We believe that prices are going to be more stable going forward and will be entering into new contracts soon."
The Oslo OTC-listed company said it earned net profit of S$13 million (US$9.1 million) in the six months ended 30 June 2008.
Revenue was up 144.8% to S$346.2 million "driven by significantly higher level of production as more projects have now moved from the planning and design stage into the production phase", said Yantai.
The company's order book stood at S$2.5 billion as at 30 June 2008. Yantai is currently building a number of giant drilling rigs for overseas clients.
Chang said: “We have delivered a profitable half year performance despite facing many challenges, including increased costs of materials, costs of labour, constraints in production space, and volatile foreign exchange markets.
"We continue to improve the management of our business and are following through with various strategic initiatives to address current ongoing challenges. We have acquired new land and formed joint ventures to increase the group’s production capacity." |
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楼主: 店小八
