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Wan Hai first half profit takes a nosedive

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.

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