(EnergyAsia, June 17, Wednesday) — Yantai Raffles Shipyard Limited (YRS), the largest builder of semi-submersible drilling rigs in China, said its net profit fell by 25.1% to S$26.9 million last year. (US$1=S$1.45). It attributed the decline to provision for losses of S$10.8million sale investments, net foreign exchange losses of S$11 million and S$30.9 million of…

This article is for Subscriber members only.
Log In Register