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U-Ming bullish on global recovery, rise in iron ore | Hellenic Shipping News Worldwide

U-Ming Marine Transport Corp, a bulk shipper and member of Far Eastern Group, is upbeat about the bulk shipping business in the coming quarters on expectations of a recovery in the global economy, a rise in iron ore production and an expansion of grain exports from the US, the company said yesterday. U-Ming reported net .

U-Ming bullish on global recovery, rise in iron ore

U-Ming bullish on global recovery, rise in iron ore By Kao Shih-ching / Staff reporter U-Ming Marine Transport Corp (裕民航運), a bulk shipper and member of Far Eastern Group (遠東集團), is upbeat about the bulk shipping business in the coming quarters on expectations of a recovery in the global economy, a rise in iron ore production and an expansion of grain exports from the US, the company said yesterday. U-Ming reported net profit of NT$345.81 million (US$12.43 million) for the first quarter of this year, or earnings per share of NT$0.41, compared with a net loss of NT$384 million in the same period of last year.

Taiwan shares end almost flat as old economy stocks weather pressure

Taiwan shares end almost flat as old economy stocks weather pressure
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