Receive FREE Newsletter
Advanced Search
+

News / Evergreen profits up three-fold after rates hit post-Covid highs

Ever Ace Credit Evergreen
By

Evergreen yesterday reported a 2024 net profit up more than three-fold from 2023, at TW$139.45bn ($4.25bn).

The carrier reported revenue for 2024 up 68% year on year, to TW$463.6bn ($14.1bn), as the Red Sea crisis drove freight rates to post-Covid highs.

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Evergreen Marine Corporation (EMC) Sun Lanes Shipping Taiwan Stock Exchange