First Steamship Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:51 pm EDT
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First Steamship Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,407.081 million compared to TWD 1,942.854 million a year ago. Operating income was TWD 21.717 million compared to TWD 287.179 million a year ago. Net loss was TWD 107.524 million compared to net income of TWD 1,185.212 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 1.88 a year ago. Diluted loss per share was TWD 0.17 compared to diluted earnings per share of TWD 1.58 a year ago. For the half year, sales was TWD 2,621.887 million compared to TWD 4,084.276 million a year ago. Operating income was TWD 67.112 million compared to TWD 710.021 million a year ago. Net loss was TWD 335.242 million compared to net income of TWD 1,324.555 million a year ago. Basic loss per share was TWD 0.54 compared to basic earnings per share of TWD 2.1 a year ago. Diluted loss per share was TWD 0.54 compared to diluted earnings per share of TWD 1.87 a year ago.
First Steamship Company, Ltd. is a Taiwan-based company principally engaged in sea transportation businesses and the operation of department stores. The Company operates through two segments. Sea Transportation segment is engaged in the provision of international transportation services of bulk cargo and ship chartering services. It focuses on cereals, ore sands, coal and fertilizer, among others. Ships under the Company include Ever Blossom, Ever Shining, Ever Excellent and Ever Leader, among others. Department Stores segment is engaged in retailing businesses in Mainland China. It provides apparels, jewelry products, cosmetics products, footwear products, sports supplies and home appliances, among others.
FIRST STEAMSHIP CO., LTD. 
