Shih Wei Navigation Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Shih Wei Navigation Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,626.77 million compared to TWD 640.71 million a year ago. Revenue was TWD 1,654.94 million compared to TWD 700.63 million a year ago. Net income was TWD 840.32 million compared to net loss of TWD 89.69 million a year ago. Basic earnings per share was TWD 3.01 compared to basic loss per share of TWD 0.32 a year ago. Diluted earnings per share was TWD 3.
For the nine months, sales was TWD 3,571.27 million compared to TWD 1,776.65 million a year ago. Revenue was TWD 3,671.19 million compared to TWD 1,944.43 million a year ago. Net income was TWD 1,375.67 million compared to net loss of TWD 772.26 million a year ago. Basic earnings per share was TWD 4.93 compared to basic loss per share of TWD 2.77 a year ago. Diluted earnings per share was TWD 4.92.
SHIH WEI NAVIGATION CO., LTD. is a Taiwan-based company principally engaged in the provision of shipping related services. The Companyâs primary businesses include cargo shipping, shipping transportation, shipping agency, ship management and chartering businesses, as well as the purchasing and sales of ships. The Company mainly operates through two business segments. The Shipping segment is mainly engaged in the shipping and shipping agency businesses. The Tourism segment is mainly engaged in the development of sightseeing leisure hotels. The Company primarily transports cargoes of metal ores, coal, grains, steel, machine components, timbers, boards and other bulk commodities.
SHIH WEI NAVIGATION CO., LTD. 
