News / Yang Ming posts $6bn profit, but sees rough seas ahead

Yang Ming Photo 84726501 © Ed Francissen Dreamstime.com

09/03/2023

Taiwanese ocean carrier Yang Ming produced a net profit of $6.06bn in 2022, but by the fourth quarter, its figures were heading towards breakeven.

Last year’s record profit was achieved from a turnover of $12.61bn, however, in Q4 revenue dropped 42%, compared with the same quarter ...

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