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08 April 2020 The on-line newspaper devoted to the world of transports 04:32 GMT+2

March 26, 2020

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Original news
Evergreen's net profit in 2019 returned to negative territory due to the growth in charges Financial

Revenue and operating profit up by 12.6% and 402.9%

2019 the evergreen Marine shipping company Taipei Corporation reported a significant increase in revenues accompanied by a less significant rise in costs, translated into a marked increase in operating profit but not net profit, which, mainly due to the significant increase in financial charges at 5.68 Taiwan's billion-dollar (187 million U.S. dollars), with a 201.8% increase in 2018, was negative Taiwan's -223.0 million profit Taiwan's net of 78.5 million U.S. dollars in the full year Previous.

Last year the company's revenues amounted to 190.6 Taiwan's billions of dollars (up 12.6%). Production costs Totaled 176.1 billion Taiwan dollars (up 8.8%) And operating profit increased by 402.9%, rising to Taiwan's nearly 4.7 billion dollars.

In the fourth quarter of 2019 alone, the economic results of the companies were down on the corresponding year's period. The value of production is Taiwan's 47.9 billion dollars (-2.6%), the costs increased by 3.6% to 44.4 Taiwan's billion-dollar profit and operating profit was Taiwan's 883.7 million, down -54.5% over the period October-December 2018. Evergreen closed the last quarter 2019 with a net loss of -326.8 million Taiwan vs. net profit of less than 1.1billion Taiwan dollars in the previous year.

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