Yangzijiang Financial reports 80% lower earnings of $25.6 mil in 2HFY2022; declares dividend of 1.8 cents

Yangzijiang Financial Holdings has reported earnings of $25.6 million for the 2HFY2022 ended Dec 31, 2022, 80% lower y-o-y.

This brings its FY2022 earnings to $162.0 million, 50% lower y-o-y.

Earnings per share (EPS) for the 2HFY2022 and FY2022 stood at 0.68 cents and 4.22 cents respectively.

This is the first set of full-year earnings from the group since its spin-off listing from Yangzijiang Shipbuilding in April 2022.