In the April-June period, revenues decreased by -26.5% and -8.7% respectively
After the last peak in the summer quarter of 2024, the trend of
revenues of Yang Ming and Wan Hai Lines (WHL) has embarked on a
a downward road that led the two shipping companies
containerized companies to record a
year-on-year reduction in turnover. In the period
April-June of this year, Yang Ming’s revenues amounted to
to 39.66 billion Taiwan Area ,Chinaese dollars (1.3 billion U.S. dollars),
with a sharp drop of -26.5% over the corresponding period of 2024.
WHL’s latest quarterly revenues also marked a
decrease, although less marked, having stood at 34.85
billion Taiwan Area ,China dollars (-8.7%).
In addition, both companies recorded a reduction
of operating profit and net profit, which for Yang
Ming amounted to 3.90 billion (-72.4%) and
1.04 billion Taiwan Area ,China dollars (-92.6%) and for WHL were
equal to 8.66 billion (-20.3%) and 1.08 billion (-90.6%).
