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19 March 2019 The on-line newspaper devoted to the world of transports 22:20 GMT+1



November 14, 2014

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Original news
quarterly economic Performances in increase for Evergreen and Yang Ming

In the period July-september of this year the revenues of the two companies are increased respective of +4.5% and +16.4%

Evergreen and Yang Ming, the main shipowning societies taiwanesi assets in the market of the line transport, have closed the third trimester of 2014 with an sensitive improvement of the economic results. Evergreen Marine clearly has archived item the period with a profit of 2,5 billion dollars of Taiwan (beyond 80 million dollars) respect to a profit clearly of 89 million dollars of Taiwan in the period July-september last year. The revenues have grown of +4.5% to 37,6 billion dollars of Taiwan. The operating profit has been pairs to 2,8 billion dollars of Taiwan regarding 370 million dollars of Taiwan in the third trimester of 2013.

In the first nine months of the 2014 Evergreen has recorded a profit clearly of 961 million dollars of Taiwan on revenues for 107,1 billion dollars of Taiwan respect to a net loss of -2,4 billion dollars of Taiwan on revenues for 105,9 billion dollars of Taiwan in the period January-september last year. The operating result has been of positive sign in order almost 2,1 billion dollars of Taiwan respect to operating liabilities of -1,9 billion dollars of Taiwan in the first nine months of 2013.

In the third trimester of the 2014 Yang Ming company has totaled a profit clearly of 1,4 billion dollars of Taiwan, in increase of +35.4% on the correspondent period last year. The revenues are increased of +16.4% to 37,3 billion dollars of Taiwan and the operating profit is gone up of +21.0% to 2,0 billion dollars of Taiwan.

Yang Ming has closed the first nine months of this year with a profit clearly of 146 million dollars of Taiwan on revenues for 99,8 billion dollars of Taiwan respect to a net loss of -4,2 billion dollars of Taiwan on revenues for 89,4 billion dollars of Taiwan in the period January-september of 2013. The operating result has been of positive sign for 1,5 billion dollars of Taiwan respect to a result of sign negative for -3,6 billion dollars of Taiwan in the first nine months of 2013.




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