Taiwan Navigation Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 04:24 pm EDT
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Taiwan Navigation Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 579.604 million compared to TWD 795.910 million a year ago. Operating income was TWD 86.447 million compared to TWD 175.908 million a year ago. Net income was TWD 109.934 million compared to TWD 99.299 million a year ago. Basic earnings per share was TWD 0.26 compared to TWD 0.24 a year ago. For the half year, sales was TWD 1,209.552 million compared to TWD 1,544.709 million a year ago. Operating income was TWD 185.073 million compared to TWD 344.018 million a year ago. Net income was TWD 273.571 million compared to TWD 266.389 million a year ago. Basic earnings per share was TWD 0.66 compared to TWD 0.64 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 0.64 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.
TAIWAN NAVIGATION CO., LTD. 
