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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.

Lee Hong Liang, Asia Correspondent

April 1, 2014

1 Min Read

Kalyakan - stock.adobe.com

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.

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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