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TAIEX closes higher as TSMC shares bounce back

The TAIEX yesterday climbed out of a slump to close higher, led by shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which recovered from a tumble in the previous session, dealers said. TSMC helped boost the bellwether electronics sector, and the gains also spread to the old economy and financial sectors, lending additional support to the main board, but turnover remained low amid fears of further volatility on US markets, dealers said. The TAIEX closed up 0.7...
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Yang Ming posts record first-quarter net profit | Hellenic Shipping News Worldwide

Container shipper Yang Ming Marine Transport Corp reported a record net profit of NT$60.86 billion (US$2.04 billion) in the first quarter, up 148 percent from NT$24.51 billion a year earlier. Earnings per share (EPS) were NT$17.35, up from NT$7.49 a year earlier, it said. The shipper attributed the profit growth to robust cargo demand and ...
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Yang Ming Posts Strong Quarterly Results | Hellenic Shipping News Worldwide

Yang Ming Marine Transport Corporation (Yang Ming) posted its Q1 financial report of 2022 on 12th May. The consolidated revenues of Q1 totaled NTD 106.7 billion (USD 3.81 billion), increased 71.32% compared with NTD 62.28 billion (USD 2.22 billion) in revenue from the same period of previous year. The company’s net profit, after tax, was ...
Yang Ming Yang Ming Marine Transport Corporation Ming Marine Transport Corporation Chinese New Year

Yang Ming posts record first-quarter net profit

Container shipper Yang Ming Marine Transport Corp (陽明海運) yesterday reported a record net profit of NT$60.86 billion (US$2.04 billion) in the first quarter, up 148 percent from NT$24.51 billion a year earlier. Earnings per share (EPS) were NT$17.35, up from NT$7.49 a year earlier, it said. The shipper attributed the profit growth to robust cargo demand and higher freight rates, which pushed revenue to expand 71 percent annually to NT$106.7 billion, it said in a statement. Yang Ming said ...
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