The Hong Kong-listed parent of JiangxiJiangzhou Union Shipbuilding watched its loss slide to HKD 34.8m from HKD 169.2m in the first six months of 2012 asrevenues rose to HKD 833m from HKD 620.2m.
While newbuilding prices declined duringthe period the company said this was offset by an improvement inproduction efficiency and a drop in administration expenses.
Finance costs climbed 31.3% to HKD60.4m,
