Taiwan Navigation Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 07:22 pm
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Taiwan Navigation Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 3,113.990 million compared to TWD 3,367.236 million a year ago. Operating income was TWD 603.799 million compared to TWD 715.408 million a year ago. Net income was TWD 601.096 million compared to TWD 957.635 million a year ago. Basic earnings per share was TWD 1.44 compared to TWD 2.29 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.