Shipbuilder Rongsheng reports 3.8 billion yuan in negative revenue

Embattled shipbuilder China Rongsheng Heavy Industries reported 3.8 billion yuan (HK$4.7 billion) in negative revenue for last year, and a precarious balance sheet with 18.2 billion yuan in borrowings immediately payable.

via South China Morning Post - Business feed http://ift.tt/1CFmeeZ