Taiwan Navigation Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
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Taiwan Navigation Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 817.16 million compared to TWD 654.56 million a year ago. Net income was TWD 244.46 million compared to TWD 155.76 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 0.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 0.37 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.