Taiwan Navigation Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 08, 2021
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Taiwan Navigation Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 809.615 million compared to TWD 579.604 million a year ago. Operating income was TWD 307.239 million compared to TWD 86.447 million a year ago. Net income was TWD 261.948 million compared to TWD 109.934 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to TWD 0.26 a year ago. For the half year, sales was TWD 1,464.173 million compared to TWD 1,209.552 million a year ago. Operating income was TWD 470.319 million compared to TWD 185.073 million a year ago. Net income was TWD 417.710 million compared to TWD 273.571 million a year ago. Basic earnings per share from continuing operations was TWD 1 compared to TWD 0.66 a year ago. Diluted earnings per share from continuing operations was TWD 1 compared to TWD 0.65 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.