Ever Ace Credit Evergreen

Taiwan’s container lines all experienced positive second quarters: Evergreen, Wan Hai  and Yang Ming all reporting healthy upturns in profitability.

Evergreen saw quarter-on-quarter revenue jump up 20%, to $3.3bn, with operating profit of $1bn more than doubling that of the previous three-month period, and three times as high as in Q2 23.

Alphaliner noted: “The result has echoes of the pandemic period when transpacific specialists saw the most dramatic uplift in profits.

“As of end ...

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