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:
Precious Shipping Public Company Limited
sales of 4.93 billion Thai Bahts [US$158.05 million]
of which 83%
was Time Charter),
Essar Shipping Ltd
(12.08 billion Indian Rupees [US$169.21 million]
of which 81%
was Fleet Operating and Chartering), and
based in Japan
(16.15 billion Japanese Yen [US$146.01 million]
During the year ended June of 2018, sales at
Shin Yang Shipping Corporation Bhd were 619.05 million Malaysian Ringgits (US$151.51 million).
increase of 5.0%
versus 2017, when the company's sales were 589.68 million Malaysian Ringgits.
Despite this increase, sales are still
below the level achieved in 2016, when Shin Yang Shipping Corporation Bhd
reported sales of 641.57 million Malaysian Ringgits.
Sales of Shipbuilding, Ship Repair and Fabricatio saw an increase
that was more than double the company's growth rate: sales were up
30.1% in 2018, from
94.36 million Malaysian Ringgits to 122.80 million Malaysian Ringgits.
Shin Yang Shipping Corporation Bhd also saw significant increases in sales in
Domestic and Regional Shipping (up 9.8% to 335.85 million Malaysian Ringgits)
Other (up 10.0% to 6.01 million Malaysian Ringgits)
Not all segments of Shin Yang Shipping Corporation Bhd experienced an increase in sales in 2018:
sales of International Shipping fell 16.1% to 154.39 million Malaysian Ringgits.