Wan Hai Lines Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:38 am EDT
Share
Wan Hai Lines Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 24,470.25 million compared to TWD 75,126.06 million a year ago. Net loss was TWD 2,340.17 million compared to net income of TWD 30,142 million a year ago. Basic loss per share from continuing operations was TWD 0.83 compared to basic earnings per share from continuing operations of TWD 10.74 a year ago. Diluted loss per share from continuing operations was TWD 0.83 compared to diluted earnings per share from continuing operations of TWD 10.72 a year ago.
For the six months, sales was TWD 50,028.07 million compared to TWD 155,628.59 million a year ago. Net loss was TWD 4,458.6 million compared to net income of TWD 70,754.29 million a year ago. Basic loss per share from continuing operations was TWD 1.59 compared to basic earnings per share from continuing operations of TWD 25.21 a year ago. Diluted loss per share from continuing operations was TWD 1.59 compared to diluted earnings per share from continuing operations of TWD 25.16 a year ago.
Wan Hai Lines Ltd is a Taiwan-based company principally engaged in the provision of all container shipping routes services. The Company is mainly engaged in the shipping industries, shipping agencies, ship and container trading business, port container terminal operation business, as well as ship and container rental business. The Company operates business in Mainland China, Taiwan, Kanto and Kansai of Japan, South Korea, Thailand, Indonesia, Philippines, Singapore, Malaysia, Hong Kong, Vietnam, India, Pakistan, Sri Lanka, Iran, the Middle East, the United States, Netherlands, Belgium, Germany, Romania, Ukraine, Turkey and others. The Company is also engaged in the provision of general agency services of cargo transportation.