London-quoted Dongfang Shipbuilding expects a poor second half this year.

Dongfang CEO Chen Tong Kao

After announcing a loss of £3.7m (5.84m) for the first half of 2011, the company issued an interim trading statement.

“The directors expect that the loss in the second half of the year ending 31 December 2011 will be materially greater than the loss incurred in the first half.”

Dongfang