Container airline Evergreen (2603-TW) today (15) announced last year’s financial report, the annual net profit following tax was 239.015 billion yuan, an annual increase of 880.98%, a new high profit, higher than Yang Ming (2609-TW) of 165.269 billion yuan, and net earnings per share reached 45.57 yuan.
Evergreen’s fourth-quarter consolidated revenue was 156.006 billion yuan, an annual increase of 141%, operating gross profit was 101.569 billion yuan, an annual increase of 372%, gross profit margin was 65.1%, an annual increase of 31.85 percentage points, and operating profit was 92.757 billion yuan, an annual increase of 418%. The profit rate was 59.46%, an annual increase of 31.81 percentage points, the net profit following tax was 80.736 billion yuan, a new high in a single quarter, an annual increase of 509%, and the net profit per share was 15 yuan, second only to 15.15 yuan in the third quarter of last year.
Evergreen’s consolidated revenue last year was 489.407 billion yuan, an annual increase of 136.34%, its operating gross profit was 301.934 billion yuan, an annual increase of 563.75%, its gross profit margin was 61.69%, an annual increase of 39.72 percentage points, and its operating profit was 284.862 billion yuan, an annual increase of 721.69%. 58.21%, an annual increase of 41.47 percentage points, the net profit following tax was 239.015 billion yuan, an annual increase of 880.98%, the net profit per share was 45.57 yuan, and the net value per share also jumped to 61.76 yuan.
Xie Huiquan, general manager of Evergreen, said that in 2021, revenue will increase steadily and profits will increase quarterly, which is rare in the past years. “I sleep well, and I even laugh when I dream.” Due to factors such as Hong Kong, lack of labor, and replenishment of inventories in Europe and the United States, transportation capacity is in short supply. In addition, Evergreen has new ships put into operation, injecting growth momentum.
Xie Huiquan emphasized that the annual net profit per share was 45.57 yuan, which was better than his original forecast of 40-42 yuan.
