Taiwanese container shipping companies Evergreen Marine Corporation and Yang Ming Marine Corporation, as well as compatriot Wan Hai Lines and other leading world companies of the market, have accused in the second quarter of this year a further deterioration in financial performance, a trend that is following the strong positive impetus to results resulting from the spread of the Covid-19 pandemic globally. By Yang Ming that deterioration led the company to conclude the Loss-making quarter after eleven consecutive quarters archived with profits, for most of these very substantial periods, indeed Astronomical.

In the period April-June 2023 Evergreen recorded revenues of 67.4 billion Taiwanese dollars (2.1 billion US dollars), with a decrease of -61,5% on the same trimester of the last year. Operating costs increased slightly by +0.7% rising to 53.6 billion. Operating profit and net profit increased of $10.1 billion and $6.5 billion, respectively, Taiwanese, with declines of -91.4% and -93.9% on the second trimester of 2022.

In the second quarter of this year Yang Ming scored 35,0 billion Taiwanese dollars, with a decrease of -68.0%. The reduction in operating costs was also accentuated, amounting to to 31.5 billion (-14.8%). Operating profit was 1.6 billion (+97.8%). The company ended the period with a loss Net of -13,1 million regarding a profit clearly of 55,6 billion in the second quarter of 2022.

Evergreen's revenues for the entire first half of this year have been pairs to 134,2 billion, in decrease of the -61.2% on the first half of 2022. Operating costs fell by -0.4% to 105.6 billion. Operating profit and net economic result are states pairs to 21.3 billion (-90.9%) and 12.8 billion (-94.0%).

In the first six months of 2023 Yang Ming's revenues were amounted to 72.0 billion (-66.7%), operating costs to 65.0 billion (-4.9%), operating profit at 3.0 billion (-97.9%) and net profit at 3.4 billion Taiwanese dollars (-97.0%).