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HomeMaritime NewsRegionsAsiaEvergreen increases earnings with strong Q2 profit

Evergreen increases earnings with strong Q2 profit

Evergreen increases earnings with strong Q2 profit
Taiwan’s container carrier Evergreen Marine has continued its profitable run this year with a first half gain of TWD3.07bn ($103.46m), extending from the slim first quarter profit of TWD168.91m with a strong second quarter profit of TWD2.9bn.

The profit for the first half ended 30 June 2017 was a complete turnaround from the loss of TWD5.86bn in the same period of last year, Taipei-listed Evergreen announced the results to the stock exchange.

The carrier’s first half operating profit was recorded at TWD5.32bn as against the operating loss of TWD3.81bn in the year-ago period.

Revenue for the first six months came up to TWD71.54bn, an increase of 22.6% compared to TWD58.34bn in the previous corresponding period.

TAGS: Containers Regions Evergreen
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