Rongsheng bucks shipbuilding trend with positive results

Posted on Mar 4th, 2010 with tags .

While most yards endured their hardest 12 months in living memory, one private Chinese yard continued to impress in 2009. Jiangsu Rongsheng Heavy Industries saw operating income soar more than 60% last year to RMB10bn ($1.5bn) as orders continued to flood in.

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