Independent journal on economy and transport policy
14:39 GMT+1
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Another quarter with record financial performance for Yang Ming
Keelung's company will buy more containers
May 13, 2022
In the first three months of 2022, revenues rose to the peak historical quarterly of 106.7 billion Taiwanese dollars (3.6 billion US dollars), with an increase of +71.3% on corresponding period last year. Operating costs, with a total of 31.4 billion Taiwan dollars, recorded, so as in the previous quarter which had been preceded by nine consecutive quarters of decline in expenses, a slight increase in +2,7%. In the first quarter of this year, as it happens from the last quarter of 2020, also operating profit and profit net have marked again historical peaks being equal results respectively to 72.3 billion (+148.6%) and 60.7 billion dollars of Taiwan (+146.8%).
The board of directors of Yang Ming has meanwhile approved the purchase of containers through contractual agreements still to be defined.
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In the first three months of 2022, revenues rose to the peak historical quarterly of 106.7 billion Taiwanese dollars (3.6 billion US dollars), with an increase of +71.3% on corresponding period last year. Operating costs, with a total of 31.4 billion Taiwan dollars, recorded, so as in the previous quarter which had been preceded by nine consecutive quarters of decline in expenses, a slight increase in +2,7%. In the first quarter of this year, as it happens from the last quarter of 2020, also operating profit and profit net have marked again historical peaks being equal results respectively to 72.3 billion (+148.6%) and 60.7 billion dollars of Taiwan (+146.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
