Independent journal on economy and transport policy
07:39 GMT+1
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Yang Ming has archived item the period July-september with a net loss of 89 million dollars
the volume of transactions is diminished of 26%
November 2, 2011
In the third trimester of this year the shipowning company Yang Ming Marine Transport Corporation has totaled a net loss of 2,7 billion dollars of Taiwan (USA 89 million dollars) on revenues for 25,4 billion dollars of Taiwan respect to a profit clearly of 7,7 billion dollars of Taiwan on revenues for 34,4 billion dollars of Taiwan in the correspondent period of 2010. The operating result has been negative for 2,8 billion dollars of Taiwan respect to a profit of 6,6 billion dollars of Taiwan in the third trimester last year.
In the first nine months of the 2011 company January-september has recorded a net loss of 5,3 billion dollars of Taiwan on revenues for 73,5 billion dollars of Taiwan respect to a profit clearly of 10,4 billion dollars of Taiwan on revenues for 82,7 billion dollars of Taiwan in the period last year. Yang Ming has closed the first nine months of this year with operating liabilities of 6,0 billion dollars of Taiwan respect to an operating profit of 9,4 billion dollars of Taiwan in the same period of 2010.
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