1. Home
  2. Maritime industry news - PortNews
  3. U-Ming suffers fall in 2011 net profit

2012 March 29   07:41

U-Ming suffers fall in 2011 net profit

Dry bulk shipping firm U-Ming recorded a massive fall in 2011 net profit as revenue dipped and investment returns shrank, Seatrade Asia online reports. The Taiwanese bulker owner posted net profit of NT$2.73bn ($92.38m) last year, a plunge of 59.1% from NT$6.67bn seen in 2010. Revenue also fell to NT$1.59bn compared to NT$1.97bn a year ago.
Income from equity investments was slashed to NT$3.05bn from NT$6.31bn a year earlier.

Latest news

2025 June 4

Mon Tue Wed Thu Fri Sat Sun
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31