Wisdom Marine Lines Co., Limited Provides Earnings Guidance for 2019
August 05, 2019 at 02:35 am EDT
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Wisdom Marine Lines Co., Limited provided earnings guidance for 2019. Operating income decreased 15.79% due to the dry bulk market slump in first quarter of 2019. However, the shipping market continued to recover, and with the Company's new vessels delivery and the TC hire renewal this year, the expected operating income will have the opportunity to grow.
Wisdom Marine Lines Co Ltd is a Taiwan-based company mainly engaged in the ship leasing and marine transportation business. The Company operates long-term charter, short-term charter and management business, international maritime transportation business, ship related management and maintenance business, shipping agency business and ship trading business. The fleet includes bulk ships, timber carriers, double-deck ships, multi-purpose ships and container ships of various tonnage. It mainly transports bulk materials. The ships are mainly leased to customers in Japan and Europe, and the routes cover Southeast Asia, India, China, Middle East, Africa, South America and other regions.
WISDOM MARINE LINES CO., LIMITED (CAYMAN) 
