Independent journal on economy and transport policy
06:03 GMT+1
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Yang Ming has closed 2016 with a net loss of about -493 million dollars
Improvement of the results in the fourth trimester of the year
March 29, 2017
In the exercise anniversary the 2016 net loss recorded from the shipowning company taiwanese Yang Ming almost is doubled regarding the exercise precedence having been piled to -14,89 billion dollars of Taiwan (USA 493 million dollars) respect to a net loss of -7,79 billion dollars of Taiwan in 2015. The revenues are diminished of the -9,5% attesting itself to 115,40 billion dollars of Taiwan and the operating result has been of sign negative and pairs to -14,72 billion dollars of Taiwan respect to a result of sign negative for -6,46 billion dollars of Taiwan in 2015.
To signal the improvement of the results marked in the fourth trimester of 2016, period in which - after six consecutive trimesters of contraction of the revenues - the volume of transactions has grown of +5.4% having been is pairs to 31,51 billion dollars of Taiwan regarding 29,91 billion dollars of Taiwan in the last trimester of the year precedence. The operating result has been of sign negative and pairs to -1,83 billion dollars of Taiwan respect to an operating result negative for -3,48 billion dollars of Taiwan in the period October-December of 2015. Of sign negative also the economic result clearly that it has been pairs to -1,91 billion dollars of Taiwan respect to a net loss of -3,81 billion dollars of Taiwan in the last trimester of 2015.
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