Lungteh Shipbuilding Co. Ltd.TWSE: 6753

Lungteh Shipbuilding: Revenue and profit fell sharply year-over-year, but contract backlog and liquidity remain strong

· Issued by Lungteh Shipbuilding Co. Ltd.

Revenue and net income declined year-over-year, with gross margin dropping to 19% and EPS falling to NT$1.97 for the first half of 114. Outstanding contracts remain strong at NT$8.75 billion, and liquidity is supported by robust cash and bank facilities.

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