Shipping Industry Network news, on November 11, Wan Hai Lines announced its performance results for the first three quarters of 2025.
For the first three quarters of 2025, Wan Hai Lines累计 achieved operating revenue of NT$106.97 billion (approximately USD 3.43 billion), a year-on-year decrease of 11.1%; gross profit was NT$31.53 billion (approximately USD 1.01 billion), a year-on-year decrease of 25.7%; operating profit was NT$26.89 billion (approximately USD 860 million), a year-on-year decrease of 28.2%; pre-tax net profit was NT$27.10 billion (approximately USD 870 million); net profit for the first three quarters was NT$21.47 billion (approximately USD 690 million), a year-on-year decrease of 38.0%; net profit attributable to the parent company was NT$21.45 billion (approximately USD 690 million); earnings per basic share were NT$7.64.
It is particularly noteworthy that, although Wan Hai Lines’ net profit for the first three quarters decreased by 38.0% year-on-year, its operating profit margin alone remained as high as 25.1%, demonstrating a strong performance.
For the third quarter alone, Wan Hai Lines累计 achieved operating revenue of NT$35.03 billion (approximately USD 1.12 billion), a year-on-year decrease of 35.72%, but a quarter-on-quarter increase of 0.43%; operating profit was NT$8.98 billion (approximately USD 290 million), a year-on-year decrease of 63.1%; net profit for the third quarter was NT$11.64 billion (approximately USD 370 million), a year-on-year decrease of 36.8%, but a quarter-on-quarter surge of 975.1%.
According to the latest data from Alphaliner, in the global liner company capacity top 100, Wan Hai Lines ranks 11th, operating 115 ships, of which 114 are owned vessels and 1 is chartered-in, with a total slot capacity reaching 563,000 TEU. Furthermore, Wan Hai Lines also holds orders for 32 newbuild vessels, totaling 355,000 TEU.
