Evergreen Marine posts Q3 net loss of $37.67m

Container line Evergreen Marine plunged into the red in the third-quarter but maintained a profit for the first nine months of this year, Seatrade Asia online reports. The Taipei-listed company posted third-quarter net loss of NT$1.12bn ($37.67m) as against a net profit of NT$7.64bn in the same period of last year.
Evergreen generated third-quarter revenue of NT$3.78bn, down 8.9% from NT$4.15bn in the corresponding period of 2010.
In the first nine months of this year, Evergreen accumulated net profit of NT$266.8m.