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HomeMaritime NewsRegionsAsiaEvergreen slips to bigger loss in 2013

Evergreen slips to bigger loss in 2013

Evergreen slips to bigger loss in 2013
Taiwan's container carrier Evergreen Marine posted a deeper net loss in 2013 as revenue fell amid the challenging container shipping market.

The Taipei-listed line recorded a loss of TWD2.04bn ($67m), widening from a deficit of TWD211m in 2012.

Revenue was also down slightly to TWD1.39bn in the financial year ended 31 December 2013 compared to TWD141bn in the previous year.

Evergreen's operating cost went up to TWD138.8bn last year compared to TWD136.8m in 2012.

TAGS: Containers
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