In the second quarter of 2024, Yang Ming's revenues, amounting to
Taiwan $58.6 billion (US$1.8 billion),
recorded an increase of +50.1% over the same period of 2014.
2023. Operating profit amounted to 14.1 billion
Taiwanese dollars (+799.1%) and net profit at almost 14.0 billion
compared to a net loss of EUR -13.1 million in the period
April-June last year.
In the first half of 2024, the company's revenues
containerized shipping of Keelung have attested to
total to 96.4 billion Taiwanese dollars, increasing
+33.9% over the first half of last year. The profit
operating income was 22.0 billion (+624.0%) and net profit
of 23.4 billion (+579.1%).
In the second quarter of 2024, compatriot Wan Hai Lines,
also active in the same shipping segment, it has
total revenues of 38.2 billion Taiwan dollars, with a total of
increase of +56.0% on the same period last year. The profit
amounted to €10.9 billion (+1,226.0%) and
net profit of €11.6 billion compared to a net loss of -€2.3 billion
billion in the first six months of 2023.
In the first half of 2024, WHL's revenues were
equal to €65.8 billion, up +31.5% on the corresponding
period of 2023. Operating profit and net profit were equal
respectively to 13.1 billion and 16.2 billion compared to results
both negative for -2.4 billion and -4.4 billion
Taiwanese dollars recorded in the first half of 2023.
Meanwhile, Wan Hai Lines has signed a letter of intent with the
CSBC Corporation for the construction of four
dual-fuel container ships capable of being powered by methanol
which will have a load capacity of about 8,000 TEUs. The
unit cost of each vessel will be between 102.5
million and 124.0 million US dollars.
In addition, Yang Ming announced that it had decided to purchase
two container ships that are part of its fleet and whose
rental agreement has expired. The company has
It was also announced that the fire that broke out last Friday
about Yang Ming Mobility container carrier in Ningbo port
will involve estimated costs between 1.5 and 9.5 million dollars
USA.