Independent journal on economy and transport policy
12:04 GMT+1
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After nine closed trimesters in loss, in the slid period Yang Ming July-september is returned to the profit
Emphasized increase of the revenues, while the costs have remained stable
November 9, 2017
After nine archived item consecutive quarterly periods in loss, in the period July-september of the 2017 company of taiwanese navigation Yang Ming Marine Transport Corporation is returned to record a profit clearly that USA 44,5 million dollars have turned out pairs to 1,34 billion dollars of Taiwan () respect to a net loss of -4,53 billion dollars of Taiwan in the third trimester last year. The revenues remarkablly are increased being itself attested to 35,78 billion dollars of Taiwan (+23.4%), while the costs have turned out almost constant being piled to 32,76 billion dollars of Taiwan (+1.6%). The operating profit has been of 1,55 billion dollars of Taiwan respect to an operating result of sign negative for -4,69 billion dollars of Taiwan in the quarter July-september last year.
Yang Ming has announced that in the third trimester of the 2017 transported containerized volumes from the fleet they have marked an increment of +11.1% being it are pairs to 1,24 million teu and moreover that in the period the activity of the company has benefitted of an appreciation of the hires and the effect of the increase of the question and the cargo ability put in field.
In the first nine months of this year the revenues are increased of +18.3% going up to 99,26 billion dollars of Taiwan regarding 83,89 billion dollars of Taiwan in the period January-september of 2016. The costs have recorded a rise of +2.1% having had totaled 94,45 billion dollars of Taiwan. Operating result and economic result clearly have been both of positive sign and pairs respective to 501,4 million and 61,2 million dollars of Taiwan regarding turned out correspondents of sign negative and pairs to -12,89 billion and -19,98 billion dollars of Taiwan in the first nine months last year.
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