Independent journal on economy and transport policy
05:15 GMT+2
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SHIPPING
The deterioration of the quarterly financial results of Yang Ming and WHL continues
In the first three months of this year, revenues fell by -15.1% and -9.3% respectively
Keelung/Taipei
May 13, 2026
In the first quarter of 2026, the company's revenues
Taiwanese Shipping Yang Ming amounted to
38.7 billion Taiwan dollars (1.2 billion U.S. dollars),
with a decrease of -15.1% on the same period of the last year
year. Operating profit also fell sharply, standing at 748.2
million Taiwanese dollars (-89.6%), as well as profit
net which amounted to 1.5 billion (-80.9%).
The latest quarterly financial performance of the
compatriot Wan Hai Lines, which operates in the same industry
of activity, showed a deterioration, with revenues
which totaled over 33.6 billion Taiwanese dollars
(-9.3%), with operating profit amounting to 5.8
billion (-37.0%) and net profit at 7.7 billion (-12.2%).
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