Taiwan Navigation Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 02:09 am IST
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Taiwan Navigation Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 819.360 million compared to TWD 909.121 million a year ago. Operating income was TWD 171.336 million compared to TWD 194.767 million a year ago. Net income was TWD 179.289 million compared to TWD 383.488 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.92 a year ago. For the nine months, sales was TWD 2,364.069 million compared to TWD 2,543.521 million a year ago. Operating income was TWD 515.354 million compared to TWD 528.768 million a year ago. Net income was TWD 445.678 million compared to TWD 788.342 million a year ago. Basic earnings per share was TWD 1.07 compared to TWD 1.89 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.
TAIWAN NAVIGATION CO., LTD. 