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China Shipbuilder Yangzijiang’s Profit Falls on Tax, Forex Loss – Bloomberg

China Shipbuilder Yangzijiang's Profit Falls on Tax, Forex Loss
Bloomberg
Yangzijiang Shipbuilding Holdings Ltd. (YZJSGD), China's second-biggest private shipyard, posted a 7.6 percent decline in second-quarter profit because of higher tax and foreign exchange loss on contracts done in euros. Net income in the three months 

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