Taiwan Navigation Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 21, 2021 at 06:00 pm EDT
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Taiwan Navigation Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,491.088 million compared to TWD 3,113.990 million a year ago. Operating income was TWD 461.188 million compared to TWD 603.799 million a year ago. Net income was TWD 518.147 million compared to TWD 601.096 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 1.44 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.