U-Ming Marine Transport Corp saw its earnings plunge in the first-half amid the tough dry bulk market business environment, Seatrade Asia online reports. First-half net profit for the bulker owner declined to NT$1.2bn ($41.3m) compared to NT$4bn in the same period of last year.
Revenue during the period also fell to NT$727.6m compared to NT$1.1bn a year earlier.
Revenue during the period also fell to NT$727.6m compared to NT$1.1bn a year earlier.