Shin Yang Shipping Corporation Bhd operates within the Deep sea foreign trans. of freight sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shin Yang Shipping Corporation Bhd with three other
freight shipping companies in Asia:
Pakistan National Shipping Corporation
sales of 12.54 billion Pakistan Rupees [US$119.67 million]
of which 100%
was Income from Shipping Business),
(16.49 billion Japanese Yen [US$143.81 million]
Daito Koun Company Limited
based in Japan
(19.30 billion Japanese Yen [US$168.34 million]
of which 98%
was Port And Harbor Transportation Business ).
During the year ended June of 2016, sales at
Shin Yang Shipping Corporation Bhd were 641.57 million Malaysian Ringgits (US$144.30 million).
decrease of 27.3%
versus 2015, when the company's sales were 882.87 million Malaysian Ringgits.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Shin Yang Shipping Corporation Bhd had sales
of 593.92 million Malaysian Ringgits.
Contributing to the drop in overall sales was the 65.0% decline
in Shipbuilding, Ship Repair and Fabricatio, from 273.60 million Malaysian Ringgits to 95.88 million Malaysian Ringgits.
There were also decreases in sales in
Domestic and Regional Shipping (down 12.3% to 309.28 million Malaysian Ringgits)
International Shipping (down 8.2% to 231.08 million Malaysian Ringgits)