Independent journal on economy and transport policy
15:33 GMT+1
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SHIPPING
The annual and quarterly results of the Taiwanese Evergreen and WHL were positive
Last year, increases of +65.7% and +61.4% in revenues were totaled
Taipei
March 13, 2025
In 2024, the revenues of the container shipping company
Taipei's Evergreen Marine Corporation have scored a strong
recovery rising to 463.6 billion Taiwanese dollars (14.1 billion
of US dollars), with an increase of +67.5% on the annual year
previous. Operating profit amounted to 159.9 billion
Taiwan dollars (+360.3%) and net profit at 144.0 billion
(+260,2%).
The trend in the economic results of the compatriot is similar
Wan Hai Lines (WHL) which closed 2024 with revenues of
161.8 billion Taiwanese dollars (+61.4%). Operating profit and
net profit amounted to €50.5 billion and €47.4 billion respectively
billion against negative results of -6.3 billion and
-5.8 billion in the 2023 financial year.
In the fourth quarter of 2024 alone, Evergreen recorded
revenues of 115.8 billion Taiwan dollars, up
+66.2% on the same period of the previous year. Operating profit
was 34.5 billion (+629.9%) and net profit was 31.9 billion
billion (+673.1%).
In the last quarter of last year, WHL totaled
revenues of €41.5 billion (+65.1%). Operating profit is
state of 13.0 billion and net profit of 12.8 billion against
Both results were negative for -1.3 billion and -3.9 billion
billion Taiwan dollars in the period October-December of 2023.
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