Yang Ming reports US$4 billion profit in 2022 H1

In the 376th meeting of the board of directors, the Taiwanese container carrier reported that consolidated revenues for the same period stood at US$7.5 billion (NT$216.15 billion), up by 59.5% from the same period of last year.

In the first six months of 2022, the company handled 2.27 million TEU, which is increased by 2% compared to the 2021 first half.

In the meantime, Yang Ming's consolidated revenue in the second quarter was US$3.8 billion, translating to an increase of 49.4% year-on-year.

The Asian box line confirmed net profit after TAX of US$1.9 billion and EPS of US$0.53 (NT$15.9) for the second quarter of 2022.

Source: Container News