Wisdom Marine Lines Co., Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 25, 2023 at 05:02 am EDT
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Wisdom Marine Lines Co., Limited (Cayman) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 154.02 million compared to USD 258.63 million a year ago. Net income was USD 50.18 million compared to USD 145.87 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.2 a year ago.
For the six months, sales was USD 272.06 million compared to USD 464.13 million a year ago. Net income was USD 45.78 million compared to USD 241.51 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.32 a year ago.
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) 
