Shih Wei Navigation Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
February 25, 2022 at 02:42 pm IST
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Shih Wei Navigation Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 5,370.87 million compared to TWD 2,455.22 million a year ago. Revenue was TWD 5,532.72 million compared to TWD 2,670.82 million a year ago. Net income was TWD 2,002.51 million compared to net loss of TWD 912.02 million a year ago. Basic earnings per share from continuing operations was TWD 7.16 compared to basic loss per share from continuing operations of TWD 3.27 a year ago. Diluted earnings per share from continuing operations was TWD 7.14.
SHIH WEI NAVIGATION CO., LTD. is a Taiwan-based company principally engaged in the provision of shipping related services. The Companyâs primary businesses include cargo shipping, shipping transportation, shipping agency, ship management and chartering businesses, as well as the purchasing and sales of ships. The Company mainly operates through two business segments. The Shipping segment is mainly engaged in the shipping and shipping agency businesses. The Tourism segment is mainly engaged in the development of sightseeing leisure hotels. The Company primarily transports cargoes of metal ores, coal, grains, steel, machine components, timbers, boards and other bulk commodities.