by winston » Wed Nov 07, 2012 8:16 am
not vested
Yangzijiang Shipbuilding said its net profit in the third quarter fell 14 percent to 877.2 million yuan from a year ago, hurt partly by lower profit margins and lower vessel delivery.
With a bleak outlook for the shipbuilding industry, the company said it was diversifying into ship demolishing and steel fabrication.
Source: Reuters
It's all about "how much you made when you were right" & "how little you lost when you were wrong"