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Evergreen returns to profit in Q1

Taiwan’s container carrier Evergreen Marine has returned to the black in the first quarter ended 31 March 2015.

Lee Hong Liang, Asia Correspondent

May 15, 2015

1 Min Read

Kalyakan - stock.adobe.com

Net profit for the first quarter came up to TWD1.53m ($50,200) as against a loss of TWD1.69m, the Taipei-listed shipping firm said.

Revenue during the quarter improved slightly to TWD35.3m compared to TWD34.32m in the previous corresponding period.

In 2014, Evergreen reported a profit of TWD2.05bn as against a deficit of TWD2.04bn in the previous financial year.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

See more from Lee Hong Liang

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