Independent journal on economy and transport policy
06:44 GMT+1
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Deterioration of the results of the shipowning society taiwanese Yang Ming
The company has closed the second trimester of 2013 with a net loss of about -87 million dollars
August 26, 2013
In according to trimester of this year economic results of the shipowning company Yang Ming Marine Transport Corp. they have recorded an sensitive deterioration. The period has been archived item with a net loss of -2,6 billion dollars of Taiwan (USA 87 million dollars) respect to a profit clearly of 151 million dollars of Taiwan in the quarter April-june of 2012. The revenues are diminished of the -14,3% attesting to 29,9 billion dollars of Taiwan and the which dropped operating costs of the -7,3% to 30,9 billion dollars of Taiwan. The operating result has been of sign negative for -2,4 billion dollars of Taiwan respect to an operating result of positive sign for 1,1 billion dollars of Taiwan in according to trimester last year.
Yang Ming has closed entire the first semester of the 2013 with a net loss of -5,3 billion dollars of Taiwan on revenues for 57,4 billion dollars of Taiwan respect to a net loss of -4,8 billion dollars of Taiwan on revenues for 61,3 billion dollars of Taiwan in the first half last year. The operating costs are piled to 30,9 billion dollars of Taiwan (- 7.3%) and the operating result has been negative for -5,3 billion dollars of Taiwan respect to a result negative for -5,2 billion dollars of Taiwan in the first six months of 2012.
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