Wisdom Marine Lines Co., Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 28, 2022 at 05:27 am EDT
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Wisdom Marine Lines Co., Limited (Cayman) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 207.21 million compared to USD 182.78 million a year ago. Net income was USD 82.45 million compared to USD 95.81 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.13 a year ago.
For the nine months, sales was USD 671.34 million compared to USD 464.17 million a year ago. Net income was USD 323.96 million compared to USD 183.37 million a year ago. Basic earnings per share from continuing operations was USD 0.43 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 0.25 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) 
