Taiwan Navigation Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
Share
Taiwan Navigation Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,003.19 million compared to TWD 809.62 million a year ago. Net income was TWD 1,059.95 million compared to TWD 261.95 million a year ago. Basic earnings per share from continuing operations was TWD 2.54 compared to TWD 0.63 a year ago. Diluted earnings per share from continuing operations was TWD 2.54 compared to TWD 0.63 a year ago.
For the six months, sales was TWD 1,820.35 million compared to TWD 1,464.17 million a year ago. Net income was TWD 1,304.41 million compared to TWD 417.71 million a year ago. Basic earnings per share from continuing operations was TWD 3.13 compared to TWD 1 a year ago. Diluted earnings per share from continuing operations was TWD 3.12 compared to TWD 1 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.