Wisdom Marine Lines Co., Limited Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 10:41 am
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Wisdom Marine Lines Co., Limited reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 205.5 million compared to USD 126.03 million a year ago. Net income was USD 95.64 million compared to USD 31.7 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.04 a year ago.
Wisdom Marine Lines Co Ltd is a Taiwan-based company mainly engaged in the ship leasing and marine transportation business. The Company operates long-term charter, short-term charter and management business, international maritime transportation business, ship related management and maintenance business, shipping agency business and ship trading business. The fleet includes bulk ships, timber carriers, double-deck ships, multi-purpose ships and container ships of various tonnage. It mainly transports bulk materials. The ships are mainly leased to customers in Japan and Europe, and the routes cover Southeast Asia, India, China, Middle East, Africa, South America and other regions.