2023-08-11 08:33:27
Yang Ming lost 0.04 yuan per share in the second quarter. (Provided by Yang Ming)
[Reporter Wang Yihong/Taipei Report]Due to the drop in freight rates, Yang Ming lost 0.04 yuan per share in the second quarter. This is Yang Ming’s first loss since the third quarter and 12 quarters of 2020.
Yang Ming’s revenue in the first half of the year was 71.999 billion yuan, with a pre-tax profit of 10.38 billion yuan, a net profit following tax of 3.271 billion yuan, and an earnings per share of 0.94 yuan.
Due to weak market demand and lower freight rates, Yang Ming’s revenue in July was 11.456 billion yuan, a decrease of 969 million yuan or 7.8% compared with June’s revenue, and a decrease of 25.293 billion yuan or 68.83% compared with the same period last year. . Revenue in the first half of the year was 83.456 billion yuan, a decrease of 169.445 billion yuan or 67% compared with 252.901 billion yuan in the same period last year.
Yang Ming pointed out that according to the recent global economic outlook released by the IMF, the global economic growth rate for this year is slightly raised to 3%; meanwhile, the GDP growth of Europe and the United States is better than that of the first quarter. However, core inflation remains high, and the Manufacturing Purchasing Managers’ Index (PMI) in July is in the contraction range except for ASEAN countries, indicating that the economic prospects of major economies are still full of challenges.
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