Taiwan Navigation Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 02:04 am IST
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Taiwan Navigation Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 795.910 million compared to TWD 837.146 million a year ago. Net income was TWD 99.299 million compared to TWD 260.363 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.62 a year ago. For the half year, sales was TWD 1,544.709 million compared to TWD 1,634.400 million a year ago. Net income was TWD 266.389 million compared to TWD 404.854 million a year ago. Basic earnings per share was TWD 0.64 compared to TWD 0.97 a year ago.
Taiwan Navigation Co., Ltd. is a Taiwan-based company principally engaged in the cargo transportation business. The Company operates its businesses through deep sea shipping business, including bulk goods shipping, container shipping and the agent operation of oil tankers; coastal shipping business, including the operation of automobile transportation ships and coal carriers, as well as general port business, including the operation of port tugboats. The Company operates its business in Mainland China, Taiwan, Australia, the Americas, Europe and others.