Wan Hai first half profit takes a nosedive

Regional container carrier Wan Hai Lines has managed to stay in the black despite seeing a significant fall in its first half profit.

The largely intra-Asia player reported a first six months net profit of TWD297.17m ($9.5m), significantly down from the gain of TWD3.16bn in the same period of last year.

Taipei-listed Wan Hai also posted lower first half revenue of TWD28.39bn compared to TWD33.66bn in the previous corresponding period.

Posted 16 August 2016

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Lee Hong Liang

Asia Correspondent

Read more stories like this...

Sign up to the Seatrade Maritime Newsletter and get stories like this delivered to your inbox.

Subscribe Now >